Severe depression adds no additional "value" to your settlement. It just makes your case (if established) harder to litigate for the carrier b/c they have to get a pysch exam as well as a physical exam anytime they want to reduce your payments.
By your question I see that you are confusing workers comp. settlement with a personal injury settlement. By and large workers comp. settlements are based on a cold hard calculus that is either your percentage of impaIrment, your degree of permanent disability or in the case of a section 32 your compensation rate multiplied by a certain amount of years. "Pain and suffering" has nothing to do with these settlements nor does the amount of additional sites of injury such as in your case severe depression.
