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Medical Cost Projections

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Medical cost projections prepared by our team are a powerful tool in settlement. Our network of medical professionals are highly skilled at providing the medically-related information your team needs to optimize settlement results.

medical cost projectionsWhat is a Medical Cost Projection?

A medical cost projection is a condensed report that forecasts all future medical and pharmaceutical costs of a claimant’s injury or illness, including:

  • Medical costs
  • Durable medical equipment costs
  • Prescription drug costs

This unbiased report is used during mediation to set accurate reserves and settlement costs for the claim, and it is put together by credentialed life care planners like those at CARDINAL LifeCare Consulting. Our team reviews medical records, billing records, and medical practices as it relates to the diagnosis, and produces a succinct report eligible for trial, testimony or deposition.

When Would I Need a Medical Cost Projection Instead of a Life Care Plan?

Compared to a life care plan, a medical cost projection is a shorter, abbreviated estimate of medical care costs. Oftentimes an in-person interview is not included in the estimation of a medical cost projection, the turnaround time is shorter and more cost effective than that of a life care plan.

While a life care plan may be used when a case is going to trial, a medical cost projection is ideal for:

  • Preparing for mediation
  • Negotiating during settlement
  • Tight timelines
  • Smaller case budgets
  • Limited insurance policies

Speak with Our Experts About Obtaining a Medical Cost Projection

This affordable report from our consultants could make all the difference during your mediation or settlement. Get an accurate report quickly by engaging CARDINAL LifeCare Consulting, your partner in medical consulting. We have experience in several areas, including medical malpractice, personal injury, auto accident cases and workers’ compensation.

Contact us to speak with a board-certified expert about a medical cost projection for your case.

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CARDINAL LifeCare Consulting utilizes state of the art HIPPA compliant software.

Contact Kelly Campbell
RN, BSN, CP, CCM, CNLCP, CLCP:
Kelly@CardinalLifeCare.com
724-487-0519

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  • Home
  • About
  • Services
    • Life Care Planning
    • Life Care Plan Critiques
    • Medical Cost Projections
    • Legal Nurse Consulting
    • Litigation Care Management
    • Defense Medical Examinations (DME) & Independent Medical Exams (IMEs)
    • Vocational Evaluations
  • Resources Nest
    • The Cardinal Rule
  • Careers
  • Contact

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