Being involved in an accident can cause a number of issues, including extensive medical treatment. As a result, you will likely incur astronomical bills for the care you receive. Luckily, filing a lawsuit against the negligent party responsible for your injuries can help you cover the cost. However, when the care you need extends beyond your settlement date, you may not know what to do. The following blog explores what you must know about future medical expenses and how a skilled Manhattan slip and fall lawyer can help you with any issues you may face.
What Are Future Medical Expenses?
When injured in a slip-and-fall accident, you can sustain intense injuries. However, one trip to the doctor won’t remedy all your issues.
For some, the scope of their injuries will require care that lasts for years. In these instances, you may worry about whether or not the settlement you receive will cover the care you need after your lawsuit is over. As such, you will likely be eligible to seek compensation for your future medical expenses.
For example, if your total medical expenses amount to $10,000 at the time of your lawsuit, you can recover compensation for this amount. However, if you require physical therapy for three years after your lawsuit is finished, the funds you have for the medical bills will not cover the additional expenses. As such, you can determine the amount of compensation necessary to cover these costs and seek those during your lawsuit.
How Are These Damages Calculated?
Calculating future damages can be tricky, as they require the insight of many professionals. First, your physician must determine how long you will need additional treatment and what kind of treatment is necessary. Next, you will likely need to work with a life planner and accountant to determine how much you will need to cover these expenses. The accountant can help adjust to cover anticipated inflation that could increase the amount of funds necessary.
Unfortunately, it can be tricky to determine the correct amount, as you want to ensure you have the funds necessary to cover the cost of future medical bills, but the courts do not want to take advantage of the defendant. As such, it’s essential to ensure you enlist the assistance of an experienced lawyer to help you through these matters.
At the Law Office of Richard M. Kenny, our dedicated legal team will do everything possible to help you navigate this complex issue. We understand how devastating injuries can be for victims and their families, so we will fight to ensure you are compensated for the medical expenses you’ve incurred due to the negligence of another party. Contact us today to schedule a free consultation with a remember of our legal team.
CONTACT OUR EXPERIENCED NEW YORK CITY FIRM
Our entire legal team is dedicated to providing the advice you need and the personalized attention you deserve. If you have been injured due to another party’s negligence, call (212) 421-0300 or fill out our contact form to schedule a free consultation with a New York City personal injury lawyer. You may be entitled to financial compensation, which can help you on your road to recovery.
