Q:

What is the average worker's compensation knee injury settlement?

A:

Quick Answer

The average workers compensation settlement on a knee injury is $359,149 for a serious injury and $114,299 for a median injury as of 2011, according to Maryland law firm Miller and Zoix. Only 8 percent of injury verdicts were over $1,000,000.

  Know More

Full Answer

Workers' compensation payments are generally limited to medical costs and partial compensation for wages lost, according to Injury Claim Coach. A claim may be denied if the injury resulted from horseplay rather than from the actual job duties themselves. Claims arising from injuries that occurred when impaired by alcohol or illicit drugs are also frequently denied. If the injury is severe, some cases can result in a permanent stipend or a lump-sum settlement if the injury results in a partial or total disability.

Learn more about Business Resources

Related Questions

  • Q:

    How long does it take to get a workers compensation settlement?

    A:

    The time it takes to get a worker's compensation settlement ultimately depends on how long it takes the injured worker to recover, as the final disability the worker will experience must be known, and the worker's state's process for legal proceedings for such cases also has an effect on the time, notes Rehm, Bennett & Moore Attorneys At Law. Although each case is unique, a year from when the worker first filed the case is a common time estimate for a settlement.

    Full Answer >
    Filed Under:
  • Q:

    How do you calculate a worker's compensation settlement in Illinois?

    A:

    According to Horowitz, Horowitz & Associates, the value of a claim under the Illinois Workers' Compensation Act is calculated based on five factors: the reported level of impairment, the occupation of the injured employee, the age of the employee at the time of the injury, the employee's future earning capacity and the evidence of disability in the medical records. No single factor can be used to calculate a value.

    Full Answer >
    Filed Under:
  • Q:

    How can you treat a knee injury?

    A:

    After a knee injury, standard treatment involves applying an ice packet, elevating the knee, using a compress such as a wrap or elastic banding, and resting the injured leg, according to WebMD. The exact treatment for a knee injury depends on the specific injury and individual medical history.

    Full Answer >
    Filed Under:
  • Q:

    What is a workers' compensation waiver?

    A:

    A workers compensation waiver, also known as a workers compensation exemption, is a form that independent contractors use to file for an exemption from workers compensation insurance in those states that allow it, according to About.com. These waivers are common in the construction industry.

    Full Answer >
    Filed Under:

Explore