Title
Settlement of Worker's Compensation Claim - Scott Ferrel (NB)
This item involves the full and final settlement of Mr. Ferrel’s workers' compensation claim(s), which will include all future medical and indemnity payments. The total settlement amount is $110,000.00 and represents a significant cost advantage to the city.
Explanation
While employed by GPD, Mr. Ferrel received injuries to his left and right shoulders, lower back and right ankle which led to ongoing medical treatment and multiple surgeries. 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, the Risk Management Department, GPD, Special Counsel and our Worker's Compensation servicing agent all concur as to the full and final settlement of this claim. The total amount $110,000.00, includes future medical costs and future indemnity payments.
Fiscal Note
The settlement of this case in the amount of $110,000.00 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. Ferrel in the amount of $110,000.00