In This Article
Why Future Costs Matter
For serious injuries, the medical bills you've already received may be a fraction of what's coming. Surgeries, ongoing therapy, future procedures, medications, and assistive equipment can add up over a lifetime. A settlement that covers only today's bills can leave you paying for the crash for years.
Projecting Future Care
Estimating future medical costs requires medical experts who can describe the likely course of treatment and economists who can value it over time. For catastrophic injuries, a life-care plan lays out the anticipated needs and costs across the person's lifetime.
The Danger of Settling Early
Because you can't reopen a settled claim, accepting an offer before your prognosis is clear is one of the most costly mistakes an injury victim can make. Insurers know this and sometimes push for quick settlements precisely to avoid paying future costs.
Getting It Right
An experienced attorney won't rush to settle a serious claim until the long-term picture is clear and properly valued. That patience protects you from absorbing future costs the at-fault party should bear.
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This article is general information, not legal advice. For guidance on your specific situation, get a free, confidential case review. You pay nothing unless you win.
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