If you or someone close to you has experienced a traumatic brain injury, you are aware of the high personal costs involved. Even though you are aware of the hefty expenditures, the long-term costs of living with this injury can still come as a shock. In a newly published study, it was attempted to estimate the lifelong true economic cost of a traumatic brain damage.
We at Law Offices of Fernando D. Vargas are not surprised by these statistics because we have long represented clients who have suffered these severe wounds. We do, however, want to make sure that an accident victim considering whether or not to file a personal injury lawsuit should not only consider their immediate costs but also their long-term, lifelong costs. Call us now at 909-982-0707 if you are in this position.
Thoughts to ponder: What the research reveals
The organization in charge of the study is called The Analysis Group, Inc. Their main area of expertise is health care economics. They dealt with 299 patients in this particular study, whose ages ranged from 18 to 75. They all experienced traumatic brain injuries, and as a result of their injuries, all of them had some sort of motor handicap.
Following that, they were contrasted with a sample of roughly 600 individuals who had not suffered traumatic brain injuries. A wide range of expenses, such as the price of prescription drugs and ER visits, were tracked for both groups during the course of the two-year study, which was divided into six-month intervals.
What was not unexpected was that the first year following a brain injury was when persons with brain injuries had the highest costs. Whether the motor disability concerned speech, walking, or fine motor abilities, it did not matter; this was true.
Many individuals were surprised to learn how much more expensive care for brain damage victims was in the years after stabilization, though. In this study, the average cost of their medical care was four times more than that of those who did not have a brain injury. In fact, the study indicated that compared to someone who has not experienced this kind of damage, the average person living with the effects of a traumatic brain injury should plan to pay around $27,000 more year for their total health care costs.
How is this research useful?
This study and others like it let us put a cash value on the long-term expenses of injuries, which is quite helpful when you are working with a personal injury lawyer. When we represent you, one of our responsibilities is to make sure that you receive enough compensation for both past and future medical expenses. These studies enable us to demonstrate to juries, judges, and insurance companies the potential financial impact of these injuries.
Call Law Offices of Fernando D. Vargas at 909-982-0707 for a free case consultation if you have experienced a traumatic brain injury and need assistance receiving compensation. Our goal is to make sure that those who have been negligent are held accountable and that our clients receive the just recompense.
