Pennsylvania Workers’ Compensation LIBC Forms- Should I Fill Them Out?

If you are receiving Pennsylvania Workers’ Compensation benefits, the employer/insurer will periodically send out these forms, called LIBC forms, asking for information. You should fill them out and return them within 30 days. If you fail to do so, the insurer has grounds to stop your checks if you are receiving wage loss benefits until such time as you return them.

The forms are poorly written and prompt most of my clients to call me with questions. Some of the questions are too vague- ie, “Has your physical condition changed?”.

One form will ask whether you are receiving Unemployment Compensation, Social Security (Old Age/Retirement) benefits, Severance, or Pension (to the extent funded directly by the Employer).  The Employer/Insurer is entitled to an offset if you are receiving any of these benefits while receiving workers’ compensation wage loss benefits.  With respect to Social Security Retirement, if you had been receiving that prior to the date of your work injury, there is no offset.

If you have questions about the Pennsylvania Workers’ Compensation LIBC forms, call Pennsylvania Workers’ Compensation Super Lawyer (“Rising Star”) Michael W. Cardamone at 215-206-9068 or email mcardamone@krasno.com for a free and prompt consult.

 

Philadelphia Work Place Injury Lawyer

The Concept of Present Value In The Context Of Pennsylvania Workers’ Compensation

A Pennsylvania Workers’ Compensation Lawyer must understand the concept of “Present Value”.  Simply stated, a dollar today is worth more than a dollar tomorrow. Why does this matter in a Pennsylvania Workers’ Compensation case? When it comes to settlement, I often explain to clients that receiving a lump sum of money rather than a period of ongoing wage loss checks is beneficial because you can earn interest on the money, invest it, and/or use it for education. Rather than letting the money sit in a mutual fund of the insurance company gaining interest, you make the money work for you.

Of course, the amount of the settlement has to be fair and take into account the numerous factors that are essential in valuing a Pennsylvania Workers’ Compensation claim- such as the average weekly wage of the injured worker at the time of injury, the nature and extent of the disability, whether any petitions are pending that threaten to reduce or eliminate benefits, the age of the injured worker, the residual alleged earning power, etc. But in a scenario where the Employer/Insurer offers 4 years of checks to be paid out over 4 years, versus 4 years of up front money (or even 3 years up front and 1 year spread out), it is a classic “no brainer” to accept the lump sum amount. The equation gets trickier when the offers entail 4 years of up front money versus 6.5 years spread out.  In these scenarios, the injured worker sometimes likes the security of a regular check over a longer period of time. It goes without saying that every case is unique and injured workers have to consult with their Pennsylvania Workers’ Compensation Lawyer and their family to determine what best fits their lifestyle and goals.

In many cases, the Employer/Insurers offer a lump sum amount. However, in cases involving State Workers, the settlement discussions tend to involve payments over a period of time with a smaller lump sum, up front payment.

For your convenience, here is a link to Wikipedia’s Present Value Page

If you have questions about a Pennsylvania Workers Comp Settlement and how it works then call experienced PA Work Injury Lawyer Michael Cardamone at 215-206-9068 or email him at mcardamone@krasno.com for a free and prompt consult 7 days a week.

Pa Workmans Comp Lawyer

 

 

FREE Phillies v. Marlins Tickets For April 12, 2012 at 705pm – Courtesy Of MyPhillyWorkersCompLawyer

To enter a drawing for two free Phillies v. Marlins tickets, see my Facebook Fan Page for how to enter! Winner announced on my Facebook Fan Page at 5pm on Monday night, March 12, 2012. The link is below:

http://www.facebook.com/#!/pages/Michael-W-Cardamone-Esquire-Fighting-For-Injured-Workers-In-Pennsylvania/87441386034

Can My Employer Cancel My Health Insurance After A Work Injury?

Yes in most cases, but if COBRA applies to your employer, they must offer you that right- where you pay the premiums for continued insurance for a period of time. Here is a link to COBRA for your convenience.

But many injured workers lose their health insurance after a work injury.  This is one of the most devastating effects of a work injury in Pennsylvania (and I’m quite certain many other states). Losing health insurance on top of the stress from the injury, the unpaid medical bills by workers comp, the late indemnity checks, being out of a job, can be brutal. It is quite evident to me that we need a health care system that doesn’t tie health insurance to employment.

Some employers will keep paying for an injured worker’s health insurance with the hope that the employee will return to work once they are healed. Or, sometimes it continues merely because the human resources people have forgotten about the issue.

If you need ideas for what to do if you lose your health insurance after a work injury in Pennsylvania, call a top Pennsylvania Work Injury Lawyer- Michael W. Cardamone- for prompt advice. All consults are free. 7 days a week. 215-206-9068 or MyPhillyWorkersComp@Gmail.com

PA Workplace Injury Lawyer

 

The Cardamone Law Firm

The Firm For Injured Workers In Pennsylvania

 

Sons of Ben

Michael is a member of the Sons of Ben- a non-profit organization that supports the Philadelphia Union Soccer Team. The Sons of Ben are passionate fans of the team as evidenced by their constant chants at the games.

Charitable and philanthropic efforts have been central to the Sons of Ben since its founding, as evidenced by annual initiatives supporting the Bernardine Center in Chester, PA through its Help Kick Hunger campaign and ongoing efforts to support various other organizations close to the Delaware Valley soccer community.

For more info about Sons of Ben, click on this link to their site:

http://beta.sonsofben.com/