Full and Final Settlements
By Partner/Attorney Brian Weekley
Snow, Carpio & Weekley
On May 8, 2017, Governor Ducey signed Senate Bill 1322, which will become effective November 1, 2017.
SB 1322 allows full and final settlements of workers’ compensation claims. This is the first time that such settlements will be possible in Arizona. SB 1332 also provides for travel expenses for injured workers for medical treatment located over 25 miles from their homes.
In the period prior to 10-31-17, injured workers have had limited ability to globally resolve their claims. Any settlement of supportive care has been subject to future reopening by the injured worker.
From 11-1-17 forward, the parties will be able to resolve both the medical and indemnity portions of their claims ” once and for all.”
However, these full and final settlements will have serious ramifications for the uninformed injured worker. Valuation of indemnity and future medical is critical, as will be the all-important role that Medicare plays in resolved claims.
We urge any injured workers or their families to contact us to discuss ramifications and strategies under this fast approaching changed landscape.
For more information on Workers’ Compensation or Social Security Disability, please contact Snow, Carpio & Weekley toll-free at 855-325-4781 or visit our website at www.workinjuryaz.com. We serve the entire State of Arizona and have offices located in Phoenix, Tucson, Yuma, and Lake Havasu City.