Quote:
Originally Posted by Dubious
And that's a good point.....future medical on a stipulation and award is worth tens of thousands if not hundreds of thousands over a life time depending how old you are. Your attorney will get by law, 12%-15% of the monetary award, which would normally be decided by the judge at the hearing. They are not entitled to your future med award, I don't think. A compromise and release is just that! My experience has been a C&R is worth less than a stipulation and award. There must be something extraordinary about your case. Unfortunately, WC is not tort law so the awards are much less.
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I'm 54 and I receive SSI & SDI, that's why I'm already receiving medicare. My attorney gets 15% of the monetary award only, nothing else. Cash wise, I get more money in hand if I go with a C&R, but I'm responsible for the first $60,000 in any medical expenses that has to do with my comp injuries, then medicare will pick up after that. The only way around that, would be if I was able to go to work, or if I were able to get other health insurance that would pay for it or if those areas were re-injured some other way in an car accident or something like that.
Pretty risky considering that that could completely paralyze me. Anyhow, if I go with a stipulation and keep future medical, I put maybe a couple of thousand dollars in my pocket, and then put up with whatever of their **** to get my neck surgery done, just as I've been fighting for the last 2 or 3 years now.
I had a message today that the hearing that was set for tomorrow has been taken off calendar, but that there are some releases that my attorney needs me to sign. I think that they are for the C&R. I will find out tomorrow.
03-08-2011, 08:08 PM
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