When a client will need ongoing treatment, future medical expenses are often estimated by treating doctors or a life care planner and, where needed, an economist. These are expert questions, decided by counsel and the experts. Staff help by keeping the records complete and organized.
What the experts usually need
- Complete medical records and bills to date, by provider.
- Treating doctors' notes on future care: surgeries, therapy, medications, equipment.
- Current prices for that care in the client's area.
- The client's age, work history and daily needs.
Keep a running list
Each time a doctor mentions future care, note it with the date and the source page. A list built as the case goes is far easier for experts to use than one rebuilt at the end.
A quick rough total
For planning only, a yearly cost times the expected years, with a growth rate, gives a rough figure. The experts' work replaces it.
Our future care rough estimate does that quick math.
Litigation support is performed at the direction of a licensed attorney. Future damages are determined by counsel and qualified experts.
This article is general information, not legal, tax or regulatory advice. Rules change; confirm current requirements with the responsible agency or a licensed professional.
