Average Payouts for Workers’ Compensation
Workers injured on the job may worry about how they will obtain the financial security they need in order to pay their medical bills and support their family while they cannot work.
Luckily, workers’ compensation laws cover most employees in Indiana. Employees can receive benefits for any injury they sustained while performing duties related to the scope of their employment, on or off the job site.
Below, our Indianapolis attorneys discuss the average payout that you may expect from a workers’ compensation claim.
Most Workers’ Compensation Claims Are Successful
Approximately 73% of workers’ compensation claims are successful, meaning that workers receive money from the claim. However, the amount that claimants receive varies greatly depending on how they file their claims.
Overall, the average workers’ compensation result is $21,800, with the average range being from $17,000-$27,000.
Those who work with a personal injury attorney generally receive a higher amount than average at $23,500, while those who do not hire a lawyer only receive about $18,000. Further, those who simply accept the first settlement offer with no appeal only receive about $10,700.
What Affects How Much Compensation a Worker Will Receive?
Several factors determine how much a worker may recover after a work injury, including:
What part of the body was injured
The severity of any permanent impairment
How the case was resolved
Were You Injured on the Job? We’re Here to Help
If you have been injured on the job, our Indianapolis attorneys can defend your rights against large insurance companies that are only interested in protecting their bottom line. We’ll work with you to determine the best course of action for your unique situation and help you recover the maximum possible compensation.
Contact Wagner Reese at (888) 204-8440 to schedule a free consultation.