If you are facing any type of paralysis following a personal injury accident, the resulting financial costs can also be devastating. If you are filing a personal injury claim, any settlement offer by the insurance company will not automatically include long-term costs. Even if an offer seems high, be sure to have an attorney evaluate your case and determine its value before you accept.
An attorney will have the resources to help you determine potential future financial losses related to your spinal cord injury that resulted in paralysis. This type of trauma can require:
The table below demonstrates the average living costs the first year after a spinal cord injury resulting in paralysis, each year after, and the lifetime costs based on the age when the trauma occurred.
|Injury Severity||Average Yearly Expenses
|Average Yearly Expenses
Each Subsequent Year
25 Years Old
50 Years Old
|High Tetraplegia (C1-C4) AIS ABC||$1,163,425||$202,032||$5,162,152||$2,837,031|
|Low Tetraplegia (C5-C8)||$840,676||$123,938||$3,771,791||$2,319,988|
|Paraplegia AIS ABC||$567,011||$75,112||$2,524,270||$1,656,602|
|Motor functional at Any Level AIS D||$379,698||$46,119||$1,724,594||$1,217,266|
The NSCISC provided these figures, which are estimates of medical care and living expenses for a spinal cord injury victim. These numbers do not include any additional injury-related financial losses, such as lost income, employee benefits, and productivity. According to the NSCISC, these other costs may average more than $78,000 per year.
Since paralysis can result in significant financial losses, a personal injury attorney will hire medical professionals and forensic accountants who have experience with injuries such as yours. These experts will be able to determine the lifetime expected cost of your particular injury by assessing your healthcare needs, any medical treatments you could require, and whether your ability to work will be affected in the future.
A personal injury lawyer will also collect other vital information to get a more accurate estimate of your future lost income, for example:
An attorney will also take into account:
After taking all of the evidence into consideration, your attorney will carefully draft a demand letter to send to the insurance company. This letter will include details about the accident, the injury and damages you suffered, that the named party is responsible for your damages, the amount of compensation you demand, and evidence to support this figure. Sometimes, the language within a demand letter is enough to convince an insurer of the severity of your claim and can successfully resolve a case. Other times, it will only be the beginning of a long negotiation process. However, a St. Louis personal injury attorney will be your best chance at obtaining fair compensation for the long-term costs of paralysis.