We can provide an analysis to quantify the actual costs required every year to duplicate the needs presented in the life care plan. Once we determine the actual cash flows required, we can then determine the cost to fund the life care plan with a financial settlement products. This figure is not the present value to provide for the future medical needs of the plaintiff as determined by an economist. Rather it is the actual amount of money required to fund a financial settlement package to generate the necessary monthly payments to provide for the all of the plaintiff’s lifetime medical needs as outlined in the life care plan.
Hospital "Liens" vs. "Debts": A Distinction With a BIG Difference Third Thursday Webinar Series
Join Director of Synergy Medical Bill Clinic, Michael Walrath, Esq. as he delves into the differences between “direct provider liens” and mere “medical debts.” In this webinar, he will describe how and why these important distinctions impact the lien resolution process and expected outcomes, while also dictating the various ethical and legal exposures faced by Plaintiffs’ Lawyers, post-settlement. A 15 minute Q&A will follow the presentation.
