Common Contracts
1 similar Lump-Sum Settlement Agreement contracts
Lump-Sum Settlement Agreements of Workers’ Compensation ClaimsLump-Sum Settlement Agreement • March 17th, 2016
When a WTC Health Program member accepts a lump-sum settlement agreement for a workers' compensation claim relating to conditions for which treatment is provided by the WTC Health Program, and that agreement releases an employer or insurer from responsibility for future medical expenses, the WTC Health Program requires that all parties to the agreement protect the Program’s interests so it does not pay for treatment for which the member has already been paid. To avoid such duplicate payments, the WTC Health Program will review all proposed Section 32 settlement agreements to ensure that the Program’s interests in future medical payments has been adequately accounted for. Once a Section 32 agreement is approved, the WTC Health Program will seek to recoup its costs of providing health care either from the member or from the individual or entity designated to administer any set-aside established to pay future medical expenses.
