Finishing medical treatment before a settlement

Should You Finish Medical Treatment Before Receiving an Injury Settlement?

When you’ve suffered injuries in an accident, knowing when to settle your injury claim can be a complex decision. One crucial factor to consider is whether to finish medical treatment before accepting a settlement. While the decision may vary depending on your specific circumstances, the potential benefits and risks associated with completing medical treatment before accepting a settlement may influence your decision.

Having the right legal guidance can help you navigate this confusing time with ease and confidence. Call Peake & Fowler at 803-788-4370 to set up a consultation with our team now.

How Completing Medical Treatment Could Help Your Claim

Completing medical treatment before settling your injury claim can offer several advantages. First and foremost, it allows for a more accurate assessment of the full extent of your injuries and their long-term implications. By waiting until you’ve reached maximum medical improvement, you ensure that healthcare providers can provide a comprehensive prognosis. As a result, you can get a better picture of any ongoing care you’ll need, possible surgical interventions in the future, and rehabilitative needs.

Having a clear understanding of your medical condition and future treatment needs enables you to negotiate from a position of strength. With documented evidence of your injuries and medical expenses, you can demand fair compensation that covers your current and future medical expenses, current and future lost wages, pain and suffering, and other losses.

Furthermore, completing medical treatment before settlement can provide peace of mind and closure. Once your medical treatment is concluded and your settlement is done, you can focus on moving forward with your life, knowing that you’ve received fair compensation for your injuries.

Strategically Timing Your Settlement Negotiations

While completing medical treatment before settlement has its advantages, timing is critical. Rushing into a settlement before reaching MMI can result in undervaluing your claim and leaving you without adequate compensation for your injuries. However, delaying settlement negotiations indefinitely isn’t always the best solution—especially if you’re facing financial strain or uncertainty about your future medical expenses. In some situations, it could take you years to reach maximum medical improvement. In this situation, you don’t want to let the statute of limitations run out while waiting to reach MMI.

Strategically timing your settlement negotiations involves finding the right balance between completing medical treatment and initiating settlement discussions. Consulting with your healthcare providers and legal counsel can help determine the optimal timing. Relevant factors include the progress of your recovery, the complexity of your injuries, and the anticipated duration of future treatment.

Legal Implications

From a legal standpoint, completing medical treatment before settlement can strengthen your claim and protect your rights. Once you’ve reached MMI, you have a clearer understanding of the total damages incurred as a result of the accident, making it easier to present a compelling case for compensation.

However, this isn’t a situation with a cut-and-dry answer. For some people, waiting until they’ve reached MMI truly is not an option. Personal injuries are expensive. You may be out of work, worrying about replacing a totaled vehicle, and facing an ever-growing pile of medical bills. In a situation like this—which is common for most victims, since the majority of Americans live paycheck-to-paycheck, you truly do not have months or years to wait until you’ve reached maximum medical improvement.

That’s why it’s important to have a Columbia personal injury lawyer guiding you through this process. Your attorney will know the specifics of your unique situation, provide you with your options, and explain the advantages and disadvantages of each one. You do have to consider your financial well-being, but you have to put your health and well-being first. A fair settlement allows you to focus on your recovery while meeting your financial obligations.

Choose Peake & Fowler for Your Personal Injury Claim

Whether you’ve been injured in a car accident, a slip and fall, or another type of personal injury, the team at Peake & Fowler is here to help you. Get started with a free consultation. Just call us at 803-788-4370 or fill out our online contact form to have a team member get in touch with you.