Know what compensation benefits you’re entitled to. Here’s a look at a few important things about life pension benefits:
- Monthly payments. You can expect regular payments of a given amount.
- This can be paid off to you twice or once a moth, depending on whatever scheme you choose. Figure out which one works better with your budgeting skills and go from there.
- If you’d like to explore other payment schedules, review the law in your state to find out how you can ask for one.
- The financial compensation you receive every month can increase over time. This is to help you manage your costs. After all, living on your compensation benefits can make it harder to take on sudden costs when emergencies happen.
- Medical benefits are available so long as you qualify.
- Once your lifetime pension benefits start coming in month by month, this will sorely limit the medical benefits you’ll receive
- New hearing aids for hearing loss are commonly covered in your workers’ compensation. You can also file for a claim to receive prosthetic devices if you ever end up needing amputation as a result of an industrial injury.
- Disability, death benefits and vocational rehabilitation are also covered
Reforms and Budget Cuts
While you have a ton of advantages you can look forward to, some reforms, NPR says, is limiting workers’ compensation benefits in a big way. With current reforms and cutbacks, workers injured on the job might face years of battling it out with insurance providers just to get the help—treatment, surgeries, drugs and in some cases, prosthesis—they need. That’s where hiring the right Workers’ Compensation lawyer comes in.
Getting Help
If you get into an accident and sustain serious injuries at work, know that you have the right to seek out compensation. Don’t let insurance companies get away with it. Call for legal representation to help you with your case.
