Comp Tools Software, Inc.

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This site requires a subscription. The cost is $135 per office per year. If you are interested please e-mail us and we will forward an invoice and provide a password. E-mail info@comptools.com.

Workers' Compensation Settlement Evaluator

  • Beta release of Version 4. Please report any issues to info@comptools.com.
  • Click here for a tutorial.
  • Evaluations can be saved to your local computer by using the Save/Open feature on the File menu.
  • PDF files that can be printed or e-mailed can be created using the PDF feature on the File menu.
  • We do not save any information on our web site that includes the claimant name, employer name or date of accident.
Claimant:
Employer:
Date of Accident:
Claim Number:

Password:
Expires:



Hints

From
Thru
Weeks
Payment
Total
x
x

Important Dates
Hints
  • Use for calculating standard end dates.
  • Change the examples to something meaningful.
  • This feature requires cookies to be enabled.
Date

Event
Weeks
Days
Last Day

Complete the below for the remaining benefits and press "Calculate".

Hint

Weeks
Years

Interest Rate(APY)
Weekly Rate
Exposure
Present Value

Complete the below for the remaining benefits and press "Calculate". There are two of the screens so you can calculate two scenarios, if desired.

Hints

Interest Rate(APY)
Calculation Date
COLA Involved
COLA Rate
Start COLA

Benefit Type
Frequency
From
Thru
COLA
Periods
Payment
Total
Present Value
x
Benefit Type Frequency From Thru Periods Rate/Payment Total Present Value

Complete the below for the remaining benefits and press "Calculate". There are two of the screens so you can calculate two scenarios, if desired.

Hints

Interest Rate(APY)
Calculation Date
COLA Involved
COLA Rate
Start COLA

Benefit Type
Frequency
From
Thru
COLA
Periods
Payment
Total
Present Value
x
Benefit Type Frequency From Thru Periods Rate/Payment Total Present Value

This is where the citation goes.
Calculate Using:





Date of Birth
Age
Race
Sex








Life Expectancy for Age
Years
Weeks
To Age
:
Years
Weeks
After Age
65
:
Years
Weeks
Quick PV
Interest Rate(APY)
Weekly Rate
Exposure
Present Value

Hints
  • If a text area is left blank the title does not print.
  • The text areas expand.
  • You can copy and paste into the text areas from a text editor to make life easier.

  • Claim History

    Best Case Scenario Probability
    Benefit Settled
    Exposure
    Present Value
    Total
    Explanation of Best Case
    Worst Case Scenario Probability
    Benefit Settled
    Exposure
    Present Value
    Total
    Explanation of Worst Case
    Summary
    Settlement Value Range (Include on PDF?)
    60% of Expected Value
    70% of Expected Value
    80% of Expected Value
    90% of Expected Value
    100% of Expected Value


    Although we believe the calculations provided to be correct, we do not assume liability for any incorrect calculations. If you suspect that any calculation contains an error please e-mail us and we will research the calculation.

    Copyright Comp Tools Software, Inc. 2009