Stipulated findings and award agreements establish a disability rating and typically result in periodic benefit payments and possible future medical care. Compromise and release (C&R) agreements pay a lump sum and close the carrier's future liability. Choose based on expected future treatment, cash needs, and state-specific rules; consult a workers' compensation attorney before signing.
Understanding the two common ways a workers' compensation case ends helps you choose the right deal for your situation. Two settlement types that appear frequently in U.S. practice are a stipulated findings and award (often called a stipulated award) and a compromise and release (C&R). Exact rules and names vary by state, so check local law or consult an attorney.
What a stipulated findings and award does
A stipulated award records an agreement between the injured worker and the insurer that mirrors what a judge might order after a hearing. The parties agree on a permanent disability rating and on whether the employer or carrier will provide future medical care.
Payments under a stipulated award are typically paid over time as periodic disability benefits, not as a single lump sum. The disability percentage and resulting benefit level come from medical evaluations, and the formula often takes into account the worker's age, occupation, and the treating physician's opinion.
Common issues with stipulated awards
- The parties often disagree about the disability rating; that rating directly affects the amount paid.
- Benefits are usually paid in installments, which may not suit workers who want immediate cash.
- Entitlement and rates can depend on the injury date and your state's benefit schedule.
What a compromise and release does
A compromise and release resolves the claim in a lump sum. The insurer typically pays a single negotiated amount and is released from future medical and indemnity obligations related to that injury.
Workers consider a C&R when they have no further medical needs, can afford future care themselves, or want immediate access to cash. Because the insurer gains certainty and avoids future exposure, the lump-sum amount usually reflects a discount from the net present value of future scheduled benefits.
When a C&R may not be appropriate
If you expect significant future treatment (for example, surgery or long-term therapy), a lump-sum settlement can leave you unprotected. In those cases, preserving the carrier's obligation for future medical care (as in a stipulated award) or arranging a structured settlement/other protections may be safer.
Practical steps before you sign
- Get a current medical opinion about future treatment needs.
- Ask an attorney or claims specialist to model the long-term value of periodic benefits versus a lump sum.
- Confirm state-specific rules and whether a court or administrative judge must approve the settlement.
- Confirm current federal and state tax treatment for workers' compensation settlements and when allocations trigger taxable income.
- Verify state-by-state terminology and which states commonly use the terms "stipulated findings and award" and "compromise and release" versus alternative labels or procedures.