Medical lien funding can indeed help in workers’ compensation cases, especially if your case is being heavily contested. As long as you have filed a claim and you’re working with a personal injury lawyer, you can apply for pre-settlement medical funding from High Rise Financial. Workers’ compensation is designed to protect you if you are injured on the job.
In a perfect world, workers’ compensation will provide and pay for:
- Medical treatment
- Vocational rehabilitation
- Wage replacement benefits
The laws vary from state to state for private employers, and there are different programs if you are a state or federal government worker.
In This Article
How Long a Workers’ Compensation Case Takes to Settle
Depending on the specifics of your case, you can expect your workers’ compensation case can take anywhere from 12-18 months to settle. During that time, you will need continuing medical care. And if you’re working with a lawyer, negotiating a good settlement may be delayed because they want to make sure your future medical costs are accounted for.
So, they may want to wait to come up with a final settlement figure until they are sure you have reached Maximum Medical Improvement (MMI). This means your condition is stabilized and not expected to change substantially in the next year, with or without medical treatment. Once a doctor determines that you have reached MMI, a doctor can assess if you have any permanent disability from your workplace injury.
To apply for free, call (877) 735-0016
If Workers’ Compensation Denies Your Claim
In many situations, workers’ compensation will deny your personal injury claim. They may say you had a pre-existing condition that led to your injuries, or your employer may say that you are to blame for your accident. Now what?
In this situation, you and your personal injury lawyer can appeal. If you need continuing medical care as a result of your on-the-job injury but workers’ compensation is fighting you, medical lien funding could be a good solution to get you the treatment you need.
For example, maybe you need a specialist’s evaluation to strengthen your appeal. Or you have severe injuries that need attention now, and you don’t have the money to pay for medical care. With medical lien funding from High Rise Financial, we pay the doctors and medical facilities.
Our Network with Doctors and Hospitals
We have a network of lien-based doctors, surgical centers, and hospitals. We pay them for your ongoing care while you wait for a settlement or appeal your case. Then when you recover damages, you pay us back.
We must believe that you have a strong case before providing funding. As long as your personal injury lawyer shares the case information and medical records we need, we can work with you.
If Workers’ Compensation Paid for Some of Your Medical Care
There is another kind of medical lien in a workers’ compensation case. If you were injured on the job and filed a workers’ compensation claim and received medical treatment, but you are also suing a third party in a personal injury lawsuit, your state agency may file a medical lien.
This process is called subrogation. It’s a legal term that essentially allows a third party (in this case workers’ compensation) to collect money from your settlement. This is their attempt to recover any funds that they paid out for your medical care. If you win your civil case, you would have to pay this medical lien.
That’s because insurance settlements or court awards in personal injury claims contain a specific section of compensatory damages to pay your medical costs. If your personal health insurance company paid any claims, they might file a medical lien as well.
Apply for Medical Lien Funding Today
Medical lien funding can help in a workers’ compensation case. Depending on your specific situation, you and your lawyer may wish to apply. It’s easy to do so – just fill out the appropriate form or call us at (866) 407-6404 and a team member will be in touch.