Comp Tools Software, Inc.

info@comptools.com
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This site requires a subscription. The cost is $125 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

  • 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.
  • Update version released in Beta can be found at https://seteval.com. Please report any problems to info@comptools.com.
Claimant:
Employer:
Date of Accident:
Claim Number:

Password:
Expires:

Hints
  • Enter either the thru date or the weeks.
    •

    From
    Thru
    Weeks
    Payment
    Total
    x
    x

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

    Hint
  • Enter either the weeks or the years.
    •

    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
  • Enter either the thru date or the periods.
  • For a simple PV calculation enter the rate, periods and payment.
  • For COLA check the box on each line.
    •

    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
  • Enter either the thru date or the periods.
  • For a simple PV calculation enter the rate, periods and payment.
  • For COLA check the box on each line.
    •

    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 Weeks 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

    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
    Settlement Value Range
    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