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FUTURE MEDICAL EXPENSES:
ECONOMIC DAMAGES FOR FUTURE LIFETIME MEDICAL CARE AND SERVICES

The Powerful Settlement Tool

Future Medical Expenses (FME) are an important component of evaluating a plaintiff’s loss.   While most Future Medical Expense evaluations are a standard part of a wage loss case, Robert W. Johnson & Associates provides this service upon request for other types of cases as well.   RWJA reviews each anticipated, future medical service and expense item and provides you with the financial analysis needed to validate the total dollar compensation necessary for the appropriate level of restorative care.

Methodology

Future Medical Expense evaluations are typically based on Life Care Plans, provided by Life Care Planners.  Alternatively, RWJA provides a simple form where attorneys can list their plaintiff’s expected future medical expenses.  Often, reviewing the form enables the attorney’s damages team to focus more specifically on the details of Future Medical Expenses, and in some cases identifies the need for a full Life Care Plan.

Using information from the Life Care Plan, RWJA summarizes the timing, cost and frequency of each future medical expense.  Next, RWJA applies the appropriate, statistically-based life expectancy. Finally RWJA determines the present value of the total future medical expense. This present value calculation insures that future restorative care needs will be fully funded and that the money will not “run out” before the end of the damages period.

The Future Medical Expenses report provided by RWJA validates the present value cost of restorative care, providing attorneys a critical tool for use in trials and settlement conferences.

Applications

RWJA has experience in a wide variety of FME cases, including:

  • Wrongful life
  • Medical malpractice
  • Brain injury
  • Severe burns
  • Severe back injuries
  • Paraplegia
  • Quadriplegia
  • Loss of limb
  • Tobacco
  • Other permanent injuries
Request this Service...
PDF icon Future Medical Expense Valuation Form



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Litigation Results

Future Medical Expense evaluations are critical to formulating a plaintiff’s just, restorative compensation for injury.  RWJA’s analyses have provided impressive, credible information to help quantify and clarify a plaintiff’s needs.  In a medical malpractice case involving a four-year-old, brain damaged child, RWJA’s Future Medical Expense evaluation helped the jury in determining a verdict of $96,410,375, of which $82,782,000 were for future medical expenses.

In a case involving a 12-year-old boy hit by a car, RWJA’s Future Medical Expense analyses assisted the jury in returning a verdict of $9.3 million for the plaintiff, including $6,500,000 in future medical expenses.

Request this Service

To request this service, simply complete the necessary form for your case and fax it to Robert W. Johnson & Associates at 650-494-2454.