Following an independent medical examination (IME) related to a motor vehicle collision, a resolution often involves financial compensation. This compensation aims to address damages incurred as a result of the incident, encompassing medical expenses, lost wages, and pain and suffering experienced by the injured party. The valuation of the settlement considers factors such as the severity of injuries, the established fault of the at-fault driver, and applicable insurance policy limits.
Reaching a resolution following an IME is crucial for several reasons. It provides financial security to the injured individual, allowing them to cover ongoing medical care and other related costs. Moreover, it offers closure, permitting all parties to move forward. The historical context of such resolutions is rooted in tort law principles, where individuals are entitled to compensation for injuries caused by the negligence of others.