Will my benefits stop if I accept a settlement?

Answer

Yes. When you settle a workers’ compensation case, you are agreeing to accept a lump-sum payment in exchange for permanently giving up your right to receive weekly workers’ compensation checks. Once the settlement is approved, those weekly benefits stop forever. In many cases, settlement agreements also close out your right to have future medical treatment paid for by the employer or their insurer, although this depends on the specific settlement terms. Some agreements allow for limited or continued medical coverage, but most settlements end both wage and medical benefits entirely. For help understanding how this applies to your case, our workers compensation lawyers in Rhode Island can review the terms before you sign. You can also visit our RI workers’ comp benefits to learn more about how settlements work. Exploring related topics like settlement options or future medical coverage may also help you make an informed decision.

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