Will That Settlement Offer Cover the Long-Term Cost of Paralysis?
Posted in Brain Injury on March 3, 2022
The long-term cost of paralysis can exceed hundreds of thousands of dollars. It can be difficult for the average person to pay for all of the expenses associated with a spinal cord injury, from medical care and disability accommodations to specialty treatments like rehabilitation and occupational therapy.
If you are filing an insurance claim or lawsuit after becoming paralyzed, you could recover compensation to pay for these losses and alleviate this hardship. However, it is important to carefully evaluate any settlement offer that you receive and ensure that it can pay for your lifetime costs.
How Much Does It Cost to Care for a Spinal Cord Injury?
Any damage to the spinal cord can lead to paralysis, or the loss of feeling or function below the injury site. This injury is often permanent and requires lifelong medical care and accommodations. As a result, it can be very expensive to pay for paralysis care.
According to the National Spinal Cord Injury Statistical Center (NSCISC), the lifetime cost of paralysis care can range from hundreds of thousands to millions of dollars. This number depends on the severity of the paralysis and the patient’s age at the time of the injury.
- A patient with high tetraplegia injured at age 25 will incur approximately $5.1 million in estimated lifetime costs.
- A patient with high tetraplegia injured at 50 years old will incur approximately $2.8 million in lifetime costs.
- A patient with paraplegia injured at 25 years old will incur an estimated $2.5 million in lifetime costs.
- A patient with paraplegia injured at 50 years old will incur an estimated $1.6 million in lifetime costs.
Evaluating Settlement Offers to Pay for Paralysis Care
If you are pursuing an insurance claim or lawsuit following a spinal cord injury, it is very important to accurately calculate your potential settlement. When receiving any offers, you will need to carefully assess whether the amount is sufficient enough to cover your lifetime costs. If you accept a lower offer, you may struggle to pay for treatment in the future.
In a paralysis claim, you have the right to recover compensation for the economic and non-economic losses that you experienced. An attorney can help you identify all of the damages that you qualify for, which may include the following.
- Past and future medical expenses
- Lost wages
- Loss of future earnings
- Property damage
- Disability accommodation
- Rehabilitation and therapies
- Chronic pain
- Permanent disability
- Emotional distress
- Depression and anxiety
- Loss of quality of life
Your lawyer will evaluate all pieces of evidence to accurately estimate your potential award. He or she will use common formulas to estimate the pain and suffering portion of your settlement. Your attorney may also consult with expert witnesses who can help calculate long-term costs, like medical professionals and economists.
At the conclusion of this evaluation, your attorney will provide you with an estimated settlement that would be sufficient enough to pay for your long-term needs. He or she will then evaluate any offer that you receive against this number, negotiating for a higher pay out if necessary.
Advocate for Maximum Compensation with an Attorney
Recovering adequate compensation following a paralysis injury can be a challenge. In these situations, you need someone who can advocate for your best interests and help you secure the compensation that you deserve.
Hiring a Kansas City personal injury lawyer can help. As soon as possible following your accident, contact an attorney with experience representing paralysis victims to discuss your case and plan your next steps.