The timeline for a workers compensation settlement involves several stages. First, an injured worker must reach Maximum Medical Improvement (MMI), which can take anywhere from 6 to 24 months after the injury occurred, before a settlement can be finalized. Once a settlement agreement is submitted to the Oklahoma Workers Compensation Commission, the judicial review and approval process typically takes 30 to 90 days. After the Commission approves the settlement and any applicable appeal periods have passed, the insurance company will issue payment. While specific timing can vary by case, payment usually arrives within a few weeks after the Commission’s approval.
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