The cost of future health care is often the largest component of economic damages in personal injury cases. Quantifying these damages for a jury requires a life care plan -- a detailed analysis of the type, quantity, timing and cost of the injured party's current and future care needs. RPC has Certified Life Care Planners to prepare the life care plan and economic consultants to determine the discounted present value
In preparing a life care plan for an injured party RPC works with physicians to determine the services, equipment, and supplies an injured person will need for the remainder of his life to maximize his ability to function. We carefully research the prices of all items included in the life care plan. RPC economists then apply specific medical inflation rates and consistent discount rates to determine the present value cost to fund the plan. All life care plans and reviews include extensive documentation to support the positions taken.
RPC also works with defense counsel to review life care plans presented by the plaintiff. These reviews consider the need for certain treatments, the availability of less expensive alternatives to meet the plaintiff’s needs, prices, inflation rates and discount factors. RPC has prepared and reviewed life care plans for individuals with a wide range of major injuries. Each plan is unique to the needs of a specific person. Here are some examples:
For sample RPC reports and professional references please contact Ron Luke at (512) 371-8000