Medical Cost Projections are often referred to as an abbreviated Life Care Plan. This can be deceiving as the goals are the same – project care with costs. BUT, why and how the goal is attained is the difference between a Medical Cost Projection and Life Care Plan.
Medical Cost Projections can be referred at any point in a case – before, during, or nearing the settlement. Projecting care with costs can be for a specific recommendation (such as surgery), a specific timeframe (10 years versus life expectancy), or a specific cost resource (workers’ compensation fee schedule, collateral resource, etc.). The methodology of a Medical Cost Projection will depend upon the author’s skills, training, and experience.
Tanner Legal Nurse Consultants are experienced and qualified to project costs. Consider Tanner Legal Nurse Consultants as ‘cost experts’ in a Medical Cost Projection.