When people are hurt in accidents, their first thoughts are typical of how they’ll pay their incoming medical bills. Unfortunately, few think of their future expenses. Once a victim accepts a settlement, they are barred from requesting additional compensation, even if the money runs out before the bills stop coming in. Here, we’ll explain how victims can assess the current and future value of their personal injury claims.
Compensation for Current Medical Expenses
After an accident, a victim may be eligible to receive compensation for medical losses including ambulance transportation, ER visits, overnight hospital stays, physical therapy, referrals, imaging, and the cost of travel to and from appointments. By saving receipts and medical bills for your injury, you can accurately assess the value of that part of a claim.
Why Future Compensation is Crucial
In most cases, accident victims need care beyond that provided in a hospital’s emergency department. If future medical bills aren’t factored into a personal injury settlement because the victim accepted a low settlement offer, they may be left to pay those costs out of pocket. The most common ongoing medical costs include:
- Medical equipment
- Rehabilitation and physical therapy
- Follow-up visits to a physician
- In-home medical care and hospice
- Transportation to appointments
- Vehicle and home modifications for people with accident-related disabilities
When you’ve been injured because of another person’s negligent behavior, you should be compensated for related losses. A personal injury lawyer will protect your interests and help you get the settlement you deserve.
Calculating Future Costs
Because it’s so hard to predict future expenses, many lawyers advise their clients to delay settlement until they’ve fully recovered. This isn’t always feasible, however, especially when it’s been determined that a victim will never regain the health and vitality they once had.
There’s no way to tell how much money you’ll need for pain, suffering, and future medical costs, but an experienced injury attorney will help you figure out how much to request based on past case results. Attorneys and judges often consider these factors when determining the value of future medical bills.
- The efficacy of treatment and whether further procedures will be required to achieve optimal results
- Whether alternative treatments are more affordable and equally effective
- How inflation may affect future treatment costs
- The level of care a victim may need based on life expectancy, age, and health before the injury
If you’ve been hurt through no fault of your own, you’re entitled to current and future medical bills. Our team will work to ensure that you get everything you deserve. Request additional information online or call to set up a no-obligation consultation with an injury attorney. We’re always here to serve our clients, so contact us today.
We Help Victims With Current and Future Medical Bills
After an accident leaves you in pain and unable to live a normal life, the last thing to do is to argue with an insurance company while trying to pay bills. That’s why it’s so important to have legal representation after an injury. Our lawyers will review your case’s facts and use that information to determine an appropriate level of compensation. Contact us by phone or email to learn how we will fight for your rights.