The cost of future medical care, including medications, is difficult to predict, yet it is very important to anticipate.
When you resolve your car accident claim, either through an insurance settlement or a court verdict, the amount that you recover is going to be your total compensation for your accident injuries. That means that you will not be able to recover additional medical expenses in the future, even if these expenses were a direct result of your accident.
You Need to Accurately Predict Your Future Medical Expenses Now
Estimating your future needs can be challenging, because you don’t know how effective your treatment will be or the cost of treatment that has not yet happened.
Typically, a team of professionals will be involved in determining the value of the medical care and medications that you will need in the future. This team will include:
- Doctors. Your physicians may be able to predict with reasonable certainty the extent of your future medical treatment. This could include things such as hospitalizations, surgeries, doctors’ visits, rehabilitation therapies, and medications.
- An economist. An economist may be able to provide information about the future cost of medical treatment and prescription drugs. While no one can give a definitive statement about what a medication or medical treatment may cost in the future, economists know how to study market trends and other factors that can help determine a reasonable value of future health care costs.
Your attorney will then take the information provided by this team of experts and use it in settlement negotiations or in court to help you get the fair compensation that you need for your future medical expenses.
You may need ongoing medical care for a short term or for the rest of your life. Either way, you deserve to make a full and fair recovery. Please contact attorney Ben Crittenden today via this website or by phone to schedule a free consultation about your rights and about your potential recovery.