If you have an older workers’ compensation claim in Ohio for which you are no longer receiving significant benefits, you may be able to settle that claim for a cash payment. The state of Ohio is now trying to settle old workers’ compensation claims, which wasn’t the case in the past.
Why Does Ohio Want To Settle My Claim?
Even if you are no longer receiving benefits for your past claim, that claim still represents a liability to the workers’ compensation fund. As a result, the state is now offering fast-track settlements to reduce its inventory of old claims.
What Is the Statute of Limitations for Workers’ Comp Claims?
Every workers’ compensation claim has an expiration date under Ohio’s statute of limitations. That expiration date may be anywhere from two to 10 years depending on the facts of your case and date of your injury. The statute of limitations law is complicated, which is why it’s best to discuss the details of your claim with an experienced workers’ compensation lawyer.
At Taubman Law, we have settled hundreds of these old claims. Contact us to for a free consultation to determine the expiration date of your claim and learn about your options for settlement.