This tool facilitates an estimate of potential monetary compensation for individuals who have sustained permanent physical injuries as a result of a work-related incident in Colorado. It leverages information related to the injured partys impairment rating, as determined by a physician following established guidelines, in conjunction with relevant wage data and legal parameters to generate a projected settlement range. For example, an individual with a 7% whole person impairment rating, earning a specific weekly wage, would utilize this resource to understand the approximate financial compensation they might receive.
The availability of such resources is critical for ensuring fair and equitable compensation for injured workers. It provides transparency in a complex process and empowers individuals with information necessary to navigate the workers’ compensation system effectively. Historically, determining appropriate settlement amounts has been opaque, potentially disadvantaging claimants who lack access to legal expertise. This offering attempts to alleviate that imbalance by providing a preliminary assessment of claim value.