What tips should I keep in mind?

Never settle without understanding the full value of your future medical needs. A Compromise & Release closes your case permanently -- make sure the amount is adequate. Stipulated awards keep future medical treatment open while settling PD.

Workers Comp Settlement Calculator

Estimate the value of a workers compensation settlement including future medical costs, permanent disability benefits, and negotiation factors.

Permanent Disability Rating (%)(Your adjusted PD rating (0-100%))

PD Weekly Rate ($)(Your permanent disability weekly rate)

Estimated Future Medical Costs ($)(Ongoing treatment, medications, surgeries)

Unpaid Temporary Disability ($)(Any outstanding TTD/TPD owed)

Unpaid Medical Bills ($)(Unreimbursed medical expenses)

Negotiation Strength(How strong is your case?)

Results

Visualization

How It Works

Workers comp settlements (Compromise and Release or Stipulated Award) combine the value of permanent disability benefits, future medical care, and unpaid benefits into a lump sum or structured payments. Settlement amounts are negotiable and depend on case strength.

The Formula

Settlement = (PD Value + Future Medical + Unpaid Benefits) x Negotiation Factor

Variables

PD Value — Permanent disability weekly rate times scheduled weeks
Future Medical — Present value of expected future treatment costs
Negotiation Factor — Case strength multiplier (0.7x to 1.3x)

Example

With 20% PD rating at $290/week (80 weeks = $23,200), $25,000 future medical, $3,000 unpaid bills, average negotiation: Base = $51,200, Settlement estimate = $51,200.

Tips

Never settle without understanding the full value of your future medical needs.
A Compromise & Release closes your case permanently -- make sure the amount is adequate.
Stipulated awards keep future medical treatment open while settling PD.
Get multiple medical opinions about future treatment needs before settling.
Settlement negotiations typically start with the insurer offering 50-70% of full value.