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Settlement Agreement (Medical Benefits Open) 14 - Vermont

Settlement Agreement (Medical Benefits Open) Form. This is a Vermont form and can be used in Workers Compensation .
 Fillable pdf Last Modified 12/3/2010
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Department of Labor Workers' Compensation Division DOL Form 14 State File # Ins. Co. File # Date of Injury Fed ID No. (Rev. 12/08) SETTLEMENT AGREEMENT (medical benefits open) It is hereby agreed by and between **insurance carrier **employer, that worker claims a work injury on ,20 by the said worker while in the employ of whose address is causing the following injury: and resulting in temporary total disability which began That the employee's average weekly wage before the accident was $ the injured worker, whose address is , and , 20 . This an agreement in which the claimant agrees to accept $ , in full and final settlement of all claims for injuries sustained as a result of the accident referred to above, including **his **her claim for past, present and future compensation for temporary total disability, temporary partial disability, permanent partial disability or permanent total disability, dependency benefits, and vocational rehabilitation benefits. It is agreed that the carrier will continue to furnish all reasonable past, present and future medical, hospital, surgical and nursing services and supplies necessary for the treatment of this injury. If payment is to be in a lump sum please complete one of the paragraphs below: Claimant agrees to accept and the employer/carrier agrees to pay a lump sum of $ . This lump sum is Compensation for permanent impairment that will affect the claimant for the rest of his/her life. The claimant's remaining life expectancy is years or months. Therefore, even the paid in a lump sum, claimant's benefit (after deduction of attorney fees of and expenses of ) shall be considered to be /months $ per month beginning on the date of approval of this settlement OR Claimant agrees to accept and the employer/carrier agrees to pay a lump sum of $ . Claimant expressly Requests that the lump sum not be prorated as otherwise required by 21 VSA ยง652(c). APPROVAL AND REVIEW This agreement or any settlement thereunder shall not be binding or operative unless and until this settlement agreement is approved by the Commissioner of Labor. Dated at APPROVED: this ,20 Insurance Carrier or Employer day of ,20 Commissioner of Labor/Designee By Official Title Employee Witness **Strike out inappropriate expressions American LegalNet, Inc. www.FormsWorkFlow.com
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