All the victims of accident cases are highly encouraged to avoid accepting any type of settlement offer until they have reached maximum medical improvement or MMI. If you have been a victim of a car collision resulting from the negligence of other motorists on the road, you are allowed to seek compensation for your losses. Many people tend to get overwhelmed by the procedure of compensation. They end up settling their cases to initial settlement offers to pay their medical costs and other bills.
However, this can be detrimental to the victims in the long run. It is suggested to Wait till the injuries have recovered and the affected individual has reached the stage of maximum medical improvement. Settling a case at that phase gives the victim a better idea about the past and potential medical expenses of the injury and other losses. If you are confused, make sure to consult an Albrecht Law attorney.
MMI -an overview
Maximum medical improvement is when the victims have completely healed from the accidental injury or experienced a possible recovery. Suppose the affected individual has experienced a permanent disability. Do you have maximum medical improvement when they have healed as much as humanly possible, and the doctor provides the final prognosis of their potential medical requirements?
Waiting till MMA for settlement of accident cases
If you have faced severe injuries due to an accident, you may require one reaching maximum medical improvement. It might sound unappealing and annoying to prolong the settlement of the claim till that point. However, it is highly beneficial to you in the long run. The following reasons are why you should consider waiting for maximum medical improvement to settle your claim.
Inaccurate evaluation of the claim
As per the law, victims of accidents are legally provided with the right to see compensation for the past as well as potential medical costs, loss of wages, and another lawsuit resulting from the collision. However, medical health professionals cannot provide an accurate report about the total expenses of potential medical treatments. This is why it is necessary to wait until you have read maximum medical improvement to assess all the potential in past losses endured as a result of the accident so that damages can be recovered in a justified way.
Speak to an attorney!
Once you settle your case, there is no way to seek additional compensation if your injuries return again. Additionally, if you are not fully recovered, you are more likely to need medical assistance. Therefore, a lawyer can assist you in understanding when is the right time to settle your accident cases.
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