Title
Settlement of Worker's Compensation Claim - Michael Glidden (NB)
This item involves the full and final settlement of Mr. Michael Glidden's workers' compensation claim(s), which will include all future medical and indemnity payments. The total settlement amount is $35,000 and represents a significant cost advantage to the city.
Explanation
While employed by RTS, Mr. Michael Glidden received injuries to his low back due to a slip and fall. This led to ongoing medical treatment. As a result of his injuries, the present potential exposure to the City in future medical treatment, indemnity payments and the potential for surgery is significant given his 33 year life expectancy.
The City Attorney's Office, the Risk Management Department, RTS, Special Counsel and our Worker's Compensation servicing agent all concur as to the full and final settlement of this claim. The total amount $35,000, includes future medical costs and future indemnity payments.
Fiscal Note
The settlement of this case in the amount of $35,000 will be paid out of the General Insurance Fund.
Recommendation
The City Commission authorizes Special Counsel to prepare and execute the appropriate documents for a lump-sum settlement of the Worker's Compensation claim of Mr. Glidden, in the amount of $35,000.