What does MMI stand for in insurance?
What does MMI stand for in insurance?
maximum medical improvement
One of the most controversial terms related to workers’ comp is that of maximum medical improvement, or MMI. Initially, the injured employee wants to get the needed medical treatment for their injuries.
What does static MMI mean?
MMI implies, however, that the condition is medically stable, static, or stationary, in the sense that further treatment will probably not result in appreciable sustained improvement. There are also situations where a patient may not need further treatment, but the healing process is incomplete.
How are workers comp settlements determined?
A workers’ comp trial to determine a fair settlement is usually called a workers’ comp hearing or lawsuit. At a hearing, both sides present their position. The judge evaluates the case and will decide on an appropriate settlement amount.
What is MMI in personal injury?
Maximum Medical Improvement (MMI) is a legal term defined as the point at which the condition of an injured person has improved as much as it possibly can. MMI is usually used to determine the value of a personal injury claim.
How is MMI rating calculated?
Who Determines Maximum Medical Improvement? A physician is the only person who can determine when a patient reaches MMI. The workers’ comp insurance company has the right to request an independent medical examination to confirm the MMI according to the patient’s medical history and a medical examination.
What is MMI date?
Your maximum medical improvement (MMI) date is an important milestone in your workers’ compensation claim. These are the most important things you should know about your MMI. 1. Your MMI is the date your recovery is over. You may not ever be fully healed but there will come a time when you’re done with recovery.
What is an anticipated MMI date?
Pursuant to Florida Statute 440.02(10), Maximum Medical Improvement (MMI) is the “date after which further recovery from, or lasting improvement to, an injury or disease can no longer reasonably be anticipated, based upon reasonable medical probability.” Basically, this is the point that your authorized workers’ …
How much should I settle my workers comp case?
There are a variety of factors that go into how much an employee gets in a workers comp settlement. Overall, the average employee gets around $20,000 for their payout. The typical range is anywhere from $2,000 to $40,000. This may seem like a huge range in possible payout amounts.
What happens when you reach maximum medical improvement?
After reaching MMI, you will be entitled to additional medical treatment that is related to the injury for a limited time, generally 5 years after the date you were injured. This treatment is geared towards maintaining MMI and helping you to continue working, as opposed to improving your condition.