Defective Product Injury Cost Report
As consumers, we should be able to trust that the products we buy won’t cause us injury. Unfortunately, that isn’t always the case. If you’re a plaintiff or defendant personal injury attorney handling a defective product injury case, you know all too well how dangerous everyday products can be when something goes wrong. Injuries caused by defective products can range from minor inconveniences to life-long burdens. That’s why you need assistance from a reliable Certified Life Care Planner to determine what compensation may be owed in your case.
Your Defective Product Injury Cost Assessment Options
Life Care Plans
After a serious injury, a Life Care Plan can assess what future medical and non-medical costs can be expected in relation to that injury. Life Care Plans can be especially helpful when injuries are expected to have life-long effects.
Medical Cost Projections
For most personal injury cases, we recommend seeking a Medical Cost Projection report of predicted future care costs. Medical Cost Projection reports are a shortened version of the Life Care Plan.
When Do You Need a Defective Product Injury Medical Cost Projection?
Catastrophic Injury Cases
Calculating Claim Reserves
Negotiation for Compensation
Setting Demand Packages
Requesting a Settlement
Which Do You Need: A Defective Product Injury Life Care Plan or Medical Cost Projection?
For defective product injury cases, a Medical Cost Projection or Life Care Plan can help strengthen your claim for compensation or your settlement offer. To determine which type of report you need for your case, you should consult with a Certified Life Care Planner like those on the team at DM Medical Cost Consulting. We’d be happy to help you figure out which report will best support your case, but there are a few factors that play a key role. First of all, Medical Cost Projection reports can always be developed into Life Care Plans as the case needs, making MCP reports a great option in many cases. Usually, Life Care Plans are only recommended for catastrophic injury and major commercial cases.
Our Defective Product Injury Medical Cost Projection Process
Medical Records Review
Before we can estimate the future condition of the injured party in your case, we need a precise understanding of their current health and medical history. We have extensive experience carefully reviewing medical records.
Medical Research
In addition to medical records, we also thoroughly research the relevant conditions and factors to get an accurate picture of what the injured party can expect. This can include consulting with healthcare professionals.
Comprehensive Documentation
Last but certainly not least, we pride ourselves on creating exhaustive Life Care Plans and MCP reports, and you can trust us to establish reliable support for your case. Our reports stand up to any scrutiny.