Injured workers in Pennsylvania can settle the wage loss portion of their case or the wage loss and medical portion of their case. Payments are made in lump sum payouts or as annuity payments over time. An injured worker can negotiate to have an open medical settlement or close out their medical after a set period of time or at settlement. The wage loss portion of the settlement is based on your compensation rate (amount of your workers’ compensation check) not your gross wage. The wage loss portion of the settlement DOES NOT factor in pain and suffering, punitive damages or loss of consortium. Negotiating the medical aspect of a settlement is trickier. Insurance Companies do not like to keep medical benefits open because it leaves them with too much risk in the future. For more details on workers’ compensation settlements, please contact Jason Krasno.