The answer to this question is "yes". There is a provision in the Arizona workers' compensation laws that says an injured worker can petition the Industrial Commission of Arizona to settle a permanent disability award that is being paid on a scheduled basis. What this means is an injured worker that has a knee injury, or an arm injury, or a hand injury, typically a single extremity injury, with a permanent disability may be able to obtain a lump sum settlement up to $25,000. Normally, due to that permanent disability, the injured worker is entitled to a payment of benefits over a period of months.
The one caveat is that the Industrial Commission only has jurisdiction to order settlements of scheduled disability awards up to $25,000.00.
If you have a serious industrial injury that involved a scheduled disability where you're receiving a check for a period of months and you want a lump sum, please contact our office for a free consultation.
We are the largest family owned and operated workers' compensation and Social Security Disability firm in the State of Arizona. We have offices in Phoenix, Flagstaff, Prescott Valley, and Tucson. We offer free consultations for both workers' compensation cases and Social Security Disability claims.