Q. What is a medical cost projection? Is it like a life care plan?
A. Sometimes it’s too soon to do a comprehensive life care plan. For example, the injury may be too recent to know what the long-term effects would be and medical records may be scanty. In that case, a life care planner would likely recommend a medical cost projection, an overview of the usual effects of an injury or illness, long-term progress, and best estimates of the person’s anticipated needs. A medical cost projection is based on evidence-based standards of practice and can give a ballpark estimate of likely costs. This is useful for several reasons.
Clients, both plaintiff and defense, often contact me for medical cost projections for preliminary negotiations. We are the medical damages experts with these data ready to serve you. Contact Howland Health Consulting at 866-604-9055 or via our online contact form to learn about our special rates for medical cost projections, our free quick-look consultation, and our new-client discount.