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In general, you should receive written notice that your claim was either approved or denied within a few weeks. If you haven't heard from the insurance company, you should contact your insurance adjuster or claims administrator directly.
Typically, the process from hearing to approved payment takes approximately 3 weeks. The employer's insurance company or third party administrator must then make Section 32 settlement payments within 10 days of the Workers' Compensation Board's decision.
On average, a settlement is approved about two years after a claim is filed.
1. Scheduled injury Illinois law allows for a maximum number of weeks of compensation available for various body parts.Using this method, an employee determines total compensation by multiplying 60% of their average weekly wages by the number of weeks allotted for the body part injured.
Under Illinois'Worker's Compensation Act, workers have the right to accept a lump sum benefit or settlement for their injuries versus accepting ongoing payments.
How Long Does It Take to Reach a Settlement for Workers' Comp? The entire settlement process?from filing your claim to having the money in your hands?can take around 12-18 months depending on the details of your case and whether or not you have legal representation.
Not all workers' compensation cases end in a settlement. However, based on data from Illinois, about 90% of the cases do settle. Fewer than 5 percent of workers' comp cases go to trial. A similar percentage gets dismissed or denied without an appeal.
An employee who is found to be permanently and totally disabled is entitled to a weekly benefit equal to two-thirds (66.67%) of their average weekly wage for life. This is subject to minimum and maximum limits.
This rate is also used if someone dies or becomes permanently disabled due to an accident on the job. For PPD, the maximum rate will change after June 30th, but currently, it's $937.11. If you make $1,561.85 a week or more, this will be your PPD rate. If you make less than that, it will be 60% of your wages.