Form 28C in regards to workers’ compensation is entitled “Report of Employer or Carrier/Administrator of Compensation and Medical Compensation Paid Pursuant To a Compromise Settlement Agreement”. Try saying that three times fast! A Form 28C is filed after the case has been settled between the client and the employer / insurance company and addresses the issue of when the settlement check(s) will be issued.
Under N.C. Gen. Stat. § 97-18(e), the employer/administrator has 10 days to provide compensation to the plaintiff, although under N.C. Gen. Stat. §97-18(g), an additional 14 days can be granted. Finally, once the check has been issued/mailed to the claimant, Form 28C is filed with the Industrial Commission that clearly states the date when the settlement check was issued and the total amount. This is to protect the carrier or administrator from a future lawsuit if the claimant attempts to say they didn’t issue their settlement proceeds within the 24 days. Again, it’s important to remember that this form is filed with the Industrial Commission after the compromise has been reached by both parties.
The decision to hire an attorney is often based on the severity of the worker’s injury. If the injury is limited to a sprained ankle or broken wrist that is expected to heal with limited future medical treatment, the employee may choose not to hire an attorney to represent him in the workers’ compensation claim. However, employees that suffer back injuries, head injuries or traumatic injuries to a limb will usually benefit from hiring an attorney to assist with the workers’ compensation case.
The amount of a workers’ compensation settlement may vary greatly depending on the case. The settlement is limited by North Carolina law and depends on the severity of the injury and the body part(s) injured in the accident.
A reverse mortgage is a loan borrowed against the equity in your home. You must be at least 62 years old to qualify for a reverse mortgage, so it is often used by people of retirement age to supplement Social Security or other retirement income.