Can I settle a workers' compensation case?

Workers' compensation cases can be settled on a voluntary basis. What this means is that if the insurance company and the employee want to settle the case, and can agree on an amount, then the parties are free to enter into a settlement, closing out the workers' compensation case. Most times, the insurance company will want the injured worker to resign from their employment if they are still employed with that particular company. Settling a workers' compensation case means giving up any entitlement to future medical care at the insurance company's expense, as well as, any future lost wages which may be payable under the system.