Whether you’re a defense attorney or an attorney representing a plaintiff, you already know that the outcome of your case can have a big impact on your bottom line. That’s what makes seeking out an accurate Medical Cost Projection or Life Care Plan so important.
If you have a non-catastrophic personal injury case with medical damages, you need a Medical Cost Projection report created using a reliable process. Keep reading to learn how Medical Cost Projection reports are created by the Certified Life Care Planners at DM Medical Cost Consulting.
The Process for Creating a Medical Cost Projection Report
While Medical Cost Projection (MCP) reports aren’t as long as Life Care Plans, they still require a thorough research and documentation process to ensure an accurate and airtight report. The broad strokes of our process are described below:
1. Medical Records Review
A medical cost assessment can never be reliable without a solid foundation. That’s why we start our process with a thorough medical records review to ensure we have a complete and clear view of the injured party’s current condition and past treatment.
2. Medical Research
After we have a precise understanding of current conditions, we can begin research into the future progression of the injury. This involves exhaustively researching the injured party’s injury and treatment, taking care to investigate all potential complications.
3. Expense Calculations
Relying on the research we’ve conducted thus far, we carry out careful calculations of current and future care costs. The high level of accuracy shown in our reports is thanks to comprehensive research and meticulous calculations.
4. Thorough Documentation
The best research in the world won’t mean anything if there’s nothing to show for it. Throughout the research and calculation process, we maintain detailed documentation of our work and resources, ensuring that our reports can stand up to any scrutiny.
5. Report Preparation
Finally, our research and calculations are strategically explained and organized into an unshakeable report. While our MCP reports are shorter than Life Care Plans, they still contain comprehensive information.
Why Hire a Certified Life Care Planner Instead of Making a Report Yourself?
With the explanation above, you might think that you know enough about the process of making a Medical Cost Projection report that you could replicate it yourself. However, there are serious reasons to hesitate before going it alone. Hiring a Certified Life Care Planner can bring with it the following benefits:
- Thorough Medical Research – When you hire a Certified Life Care Planner, you can rest assured that your report will be researched as thoroughly as possible.
- Avoid Undervalued Claims – Without a Certified Life Care Planner, your client could end up making a claim for less than they rightfully deserve.
- Avoid Excessive Settlements – A Certified Life Care Planner can help you ensure that your client isn’t subject to paying excessive settlements.
- Proven Medical Expertise – Certified Life Care Planners have a proven background in healthcare, and you can rely on their medical expertise.
- Projection Experience – An experienced Certified Life Care Planner can avoid common mistakes and ensure your report is accurate.
- Efficient Assessments – When time is of the essence, you need a report from a Certified Life Care Planner who can complete the work quickly and accurately.
Do I Need a Medical Cost Projection Report?
So far, we’ve included information that may be useful for personal injury attorneys deciding whether or not to get an MCP report, but we haven’t actually explained how to determine whether or not you need a medical cost assessment. In general, any personal injury case with medical damages can benefit from a Medical Cost Projection report. However, there are some cases for which a Life Care Plan may be better suited. In general, you should seek a Life Care Plan instead of an MCP report if your case involves catastrophic injuries or major commercial concerns. If you’re not sure which type of report is right for your case, the best choice is to consult with a Certified Life Care Planner.
Get a Medical Cost Projection from DM Medical Cost Consulting
In the U.S., even the smallest injury can bring with it considerable medical bills and more serious injuries can lead to life-changing expenses. Whether you represent the plaintiff or defendant, getting an accurate estimate of the cost of a personal injury is essential to protecting your client’s best interests.
If you have a medical damages case, an MCP report can help you strengthen your position and protect the outcome of your case. With so much on the line, it’s important to do all you can to shore up your argument.
If you need a medical cost assessment, you can count on the Certified Life Care Planners at DM Medical Cost Consulting to create an accurate report, quickly and meticulously. There’s no denying that the resources you have at your disposal will have a significant impact on the outcome of your case. Do what you can to come out on top with an MCP report or a Life Care Plan from DM Medical Cost Consulting.