It is imperative that you understand your claim. If Workers Compensation is involved, you will be paid weekly, at a rate of two-thirds your pay rate. You do not have to file taxes on that pay, but there is an IRS form to fill out. If you are filing several different claims, for example, you were injured in a work vehicle on your way to a job site. You might be able to file a claim against the person’s auto insurance company, your employer’s policy, and workers compensation. Worker Compensation would pay you and your medical bills, but they have the right to seek compensation from any other claims filed. In the case, they would place a lien against the money you will receive from the auto policy of the person at fault. Check out Myles Haverluck’s website for some examples of taxes associated with medical bills, specifically in the pharmacy industry.
In any of these claims, you must go through certain steps for settlement. The first one being mediation. Mediation, is between you, a mediator, and the opposing insurance company, to seek a lump sum settlement. The Mediator is a usually a retired Attorney or Judge. This takes place at your Attorney’s office, with you and you Attorney in one room, and the insurance company in another. The Mediator runs back and forth between rooms, with dollars amounts each one is willing to settle for. If you cannot agree on a lump sum settlement, your claim will go to court.
These are just the first steps in settling a personal injury claim. It shows the importance of hiring an Attorney for legal help, just like a company would hire IT support Houston for cloud storage. They will help you file your claims, getting money from Workers Compensation, and settlement. If you feel your Attorney is not doing their job, you have the right to find one that will.