Yes, settling a workers’ compensation case is essentially agreeing to accept a lump sum of money—whatever that amount may be—in exchange for giving up your right to receive weekly benefits forever. Once you settle, your weekly workers’ compensation checks will stop permanently. In many cases, your right to have future medical treatment paid for by your employer or their workers’ compensation insurance company also ends, although that depends on the specific terms of the settlement. Some settlements may carve out or preserve medical coverage, but most include a full and final closure of both wage and medical benefits.