If you have been injured at work, you may be surprised at how quickly the expenses add up. Lost wages and increasingly large medical bills can quickly result in financial struggles, even if you were in a stable financial position prior to getting injured.
In California, workers’ compensation is calculated based on the injury you received. You will receive different amounts (for varying lengths) depending on whether you are temporarily or permanently disabled, for example. However, workers’ compensation is intended to cover medical care, disability benefits and rehabilitation.
Injured workers who qualify for temporary total disability workers’ compensation benefits are generally
eligible to receive two-thirds of their weekly benefits, which are nontaxable.
In all, there are six types of workers’ compensation benefits, which are:Temporary total disability (TTD)
In some cases, you may also settle your claim for a lump-sum (a one-time payment). However, this must be done carefully. Settlements can provide certainty if your claim is disputed, but it also means that you run the risk of not being adequately compensated unless you fully understand your rights and the value of your claim.
If you are considering a lump-sum settlement, it is very important to speak to a workers’ compensation attorney prior to accepting. At Godwin and Rubin, we can help you determine if the settlement offer is fair.
Our law firm has been helping injured workers get the benefits they need. If you need help understanding the benefits, call (747) 203-0792 to receive a free phone consultation with the experienced work accident lawyers at Godwin and Rubin. Located in Van Nuys, California, we represent clients throughout Los Angeles County. You can also reach our lawyers to schedule an appointment.