Title
Settlement of Worker’s Compensation Claim - Michael Iemolo (NB)
This item involves the full and final settlement of Mr. Iemolo’s workers’ compensation claim(s), which will include all future medical and indemnity payments. The total settlement amount is $99,999.99 and represents a significant cost advantage to the City.
Explanation
While employed by RTS, Mr. Iemolo received injuries to his right foot and head which led to ongoing medical treatment and surgery. As a result of his injuries, the present potential exposure to the City in future medical treatment, indemnity payments is significant given his life expectancy.
The City Attorney’s office, Risk Management, 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 $99,999.99 includes future medical costs and future indemnity payments.
Fiscal Note
The settlement of this case in the amount of $99,999.99 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. Iemolo in the amount of $99,999.99.