In some personal injury cases, compensation is awarded for future medical claims. While this type of compensation isn’t relevant to all cases, if it’s relevant to yours, it could be a significant portion of your settlement. The thought of calculating these damages can be overwhelming—how are you supposed to know what care you’ll need in the future and how much it will cost?
Hiring a dependable and proven personal injury attorney is the first step in answering these questions. Call Mann & Potter at 205-879-9661 to schedule a consultation now.
Future Medical Costs Are Not Always Awarded
To start, you have to ask if your case is even one that qualifies for compensation for future medical costs. For some injuries, you get the treatment you need, heal completely, and never have to worry about the injury again.
As an example, if you have a broken leg that heals well with a cast, you’re unlikely to incur further medical expenses related to it. However, if your injuries are so severe that you will never make a full recovery, it’s likely that you will need ongoing care for the rest of your life. In these circumstances, you may receive money for future medical costs.
Calculating Your Medical Expenses
First, think about medical expenses as a broad term. This is an umbrella term that could include:
- Time spent in the hospital
- Diagnostic tests
- Surgical treatments
- Prescription medications
- Specialist care
- Physical and occupational therapy
- Adaptive equipment
- Medical supplies
- Around-the-clock home care, either through a nursing agency or from family members
- Facility care if at-home care is not suitable
- Transportation to and from appointments
Calculating costs is the tricky part, as medical costs change rapidly and are influenced by a wide range of factors. Your attorney will have more specific guidance based on your diagnosis, but you’ll generally start by seeking out specialists’ care.
They will have some insight regarding the prognosis of your injury or illness, what type of care you can expect to need for the rest of your life, and approximately what that care would cost. It’s better to seek multiple estimates, as this shows the insurance company or jury that your calculations are based on a large body of medical evidence—not just the opinion of one medical professional.
After getting a better estimate of your long-term medical care needs, your attorney will be able to figure out what amount would be fair in terms of compensation.
Getting the Compensation that You Deserve
Remember, you only have one chance to get what you deserve in an injury claim. If you rush the process, underestimate your future medical expenses, and later find out you cannot get the care you need, there are no do-overs. Once you’ve signed away your right to sue, you cannot go back to the insurance company for more money. This is why it is crucial to hire an attorney, follow their directions, and make sure you prove your injuries in any way you can.
Whether your case is settled outside of court or plays out in the courtroom, you’ll need evidence supporting your need for future medical care. Make sure your care team is on board with providing estimates and insight regarding your future care needs. You may also want to consult a healthcare economist. They understand how healthcare costs fluctuate and can give a more precise estimate of what you’ll need to get necessary medical care in the future.
Hiring the right attorney is essential when it comes to getting a full and fair settlement. The team at Mann & Potter understands how important it is that you get proper compensation for future medical expenses, and our in-depth understanding of financial data and medical expenses gives us the tools we need to represent you. Our goal is to ensure that you have what you need to live a full and productive life after your accident.
Contact Mann & Potter for Help with Your Claim
Are you ready to start your personal injury claim? It’s time to talk to the team at Mann & Potter. After your first consultation, we’re certain you’ll feel confident about our body of experience and how we can help you. Call us at 205-879-9661 or reach out online now to schedule your consultation.