The lifetime costs of a catastrophic injury can be insurmountable for some. Catastrophic injuries are often permanent in nature, which means that those who suffer from them typically require long-term, high-quality medical treatment and rehabilitative care in order to make strides in their recovery.
Below, our Los Angeles trial attorneys discuss how the lifetime costs of a catastrophic injury can quickly throw victims into financial ruin.
What Is the Potential Financial Cost of a Catastrophic Injury?
There are several different elements that add up to make a catastrophic injury so expensive, including the following:
There is no denying that a catastrophic injury victim may require lifelong care. Such care may differ greatly depending on the type of injury sustained—whether that be a brain injury, a burn injury, an injury requiring amputation, or something else. The common denominator between all of these injuries is that the victims who suffer from them will likely need treatment for the rest of their lives.
Such extensive medical treatment can quickly overwhelm a victim and their family financially.
Since catastrophic injuries are often permanent in nature, most victims will never be able to return to work or support themselves. Or, if they’re able to work, they’re not able to return to their normal job and can only do a job that involves less physical or mental work, and pays less. So, not only do catastrophic injury victims face monumental medical bills, but they also are robbed of the income to pay them.
Some catastrophic injury victims require 24/7 care and, as such, need to have someone living with them to provide medical care. Others require help with activities of daily living (ADLs) for periods of time during the day or at night. This person could be a family member who is put out of work to do so, or a medical professional who must be paid for their services.
All of these expenses can easily cost a catastrophic injury victim and their family more than they could ever afford on their own.
Given this high financial toll, it’s vital that a catastrophic injury victim and their family retain experienced legal representation so they have a better chance of recovering the compensation they need and deserve to pay for such expenses.
At Greene Broillet & Wheeler, LLP, our Los Angeles trial attorneys are passionate about protecting plaintiffs’ rights and helping them move forward after a tragedy. We have a strong track record of success in obtaining significant verdicts and settlements for our clients, and we’re here to do the same for you.
Contact Greene Broillet & Wheeler, LLP at (866) 634-4525 to schedule a free consultation.