Injured Worker Forums - pro's and con's of a stip?

HOME PAGE

GO to CALIFORNIA Professional Forum

Navigation:

login

ALL FORUM'S TOPICS OR QUESTIONS AND ADVICE TOPICS

Thread Title: pro's and con's of a stip?
Created On Tuesday January 06, 2009 9:21 PM

feelin it
Member

Posts: 196
Joined: Feb 2008

Tuesday January 06, 2009 9:21 PM

User is offline

View thread in raw text format

I think that my only option for now is to stip my case so I want to know what I am getting myself into and what the ic is getting into as well .

thanks feelin it

Edited: Tuesday January 06, 2009 at 9:23 PM by feelin it

gaiassoul1@yahoo.com
Senior Member

Posts: 2155
Joined: Feb 2004

Wednesday January 07, 2009 7:02 AM

User is offline

View thread in raw text format

pros -- continued medical care -- con fighting always for medical care

Pro for indemnity -- lump sum payment , possible con - biweekly payments for the rest of your life that end with your life and should any amount not be paid out your heirs are not entitled to any possible remaining sum which may have been available in a lump sum payment.

The only cons for the insurance company is the continued litigation of medical care and possible increasing costs as you age, because the body degenerates and medical care is not apportionable. The pro is they sit on all of the money reserved for your case and earn interest income.

-------------------------
Ginger

To know how to say what others only know how to think is what makes men poets or sages; and to dare to say what others only dare to think makes men martyrs or
reformers - or both. Elizabeth Charles

RBaird
Member

Posts: 62
Joined: Mar 2004

Thursday January 08, 2009 1:21 PM

User is offline

View thread in raw text format

I would add that subject to the statutory time limitations, a stipulated award determines your level of permanent disability. Alas, Ginger is right; even a F&A after trial finding further medical does not bring to an end disputes over scope of treatment. However, it is an award and may be enforced. The WCAB retains continuing jurisdiction over future medical awards. Most stipulations are straight forward and on the approved form for an award. (Keep a copy of your stipulations with your important documents; you may have to show it to a new doctor, for example, to get treatment.) Sometimes, stipulations contain non-standard language or additional provisions. If you are unrepresented, you can get a stipulation explained and reviewed by an Information & Assistance officer at your local Board office although there may be a certain amount of hassle factor involved, depending on where you are.

FORUMS > QUESTIONS AND ADVICE

FuseTalk 3.0 - Copyright © 1999-2002 e-Zone Media Inc. All rights reserved.

© 2013 WorkCompCentral Workers Compensation Forums