What Is the End in a Workers’ Compensation Claim in Bronx, New York?

If you’ve been injured at work, chances are you can’t wait until you get back on your feet. Not only is there the physical toll that a workplace injury or illness can inflict upon your life, but there is always a financial hindrance that comes along with being out of work. Whether you were out for only a few short weeks or ended up being out of commission for several months, the anxiety over lost wages, high medical bills and pain and suffering are often negative side-effects of a workplace injury.

When you’ve fallen ill or been injured at work, one of the first things you should do after seeking out a medical professional, is alert your supervisor of your injury. But what happens after you report your injury? The attorneys at Proner & Proner have years of experience walking injured victims in the Bronx, NY through these next steps and will provide insight and knowledge that will ensure you are receiving the maximum compensation should you decide you want to settle your claim.

How to Settle Your Workers’ Compensation Claim in the Bronx New York

Depending on your circumstance, you may be interested in settling your workers’ compensation case. Whether you choose to do this because you are worried that you may lose your workers’ compensation case in court, or that you’d rather have a lump sum to help with medical costs you accrued during your medical leave, the skilled lawyers at Proner & Proner will help you decide which course of action is best tailored for your needs.

There are two kinds of settlements in a workers’ compensation case in the Bronx, New York: a stipulation agreement and Section 32 settlement.

A stipulation agreement is when both you and the insurance company agree upon the amount of compensation you will be owed for your scheduled loss. Benefits would be paid out to you, typically, on a weekly basis.
Section 32 settlements are when you close out your workers’ compensation case in exchange for a lump sum from the insurance agency. While there may be circumstances that allow for exceptions, typically a Section 32 settlement means that the case will be closed even on the onset of new medical bills you may have down the line.

Contact Workers’ Compensation Lawyers in the Bronx NY for a Free Consultation

When it comes to getting injured on a work-site, there are a lot of emotional and physical elements that come along with it. It’s comforting to know that there are other avenues you can take with your workers’ comp claim should you feel inclined to do so. At Proner & Proner, we want what’s best for our clients and we will take the time to walk you through every possible option that is available to you to help with your workers’ compensation claim. Schedule a free consultation with our law firm today at our conveniently located office in the Bronx, New York.