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Lifetime medical canceled?

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Since this is posted in the WC section, I assume you are referring to lifetime medical care related to the injury. That is true, but depending upon the wording of your settlement, you may be giving that up. Typically the purpose of the settlement is to pay you some sum of money to cover any future medical need related to the injury. The IC doesn't just pay out a settlement because they have a chunk of change they are looking to unload.

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