Within the past couple of years, Arizona passed laws allowing injured workers to settle out their claims on a full and final basis. This means that the carrier pays a certain amount of money and the injured worker completely releases them from any future liability for compensation or medical benefits for conditions related to that injury.
There are serious issues to be addressed when considering these settlements. Carriers often use companies that significantly reduce the actual value of the medical care that will be needed in the future, thus leaving the injured worker at risk for medical bills that they cannot afford.
It is crucial that the injured worker consult with an attorney who can assist them in obtaining a sufficient amount to cover their future needs, both compensation and medical.