A traumatic brain injury (TBI) affects far more than just physical health. Many victims all need long-term care for emotional and behavioral issues, which can make the costs of a traumatic brain injury astronomical.
What are the major costs of brain injuries?
While a brain injury places a large burden on the victim and his family emotionally, the economic burden is even more staggering. Researchers estimate that the cost of a TBI falls between $85,000 and $3 million, dependent on how much ongoing support the victim needs, according to BrainandSpinalCord.org. Victims and their families incur most of this cost during the first year after the accident (for a mild TBI, a moderate or severe TBI can be much higher), but long-term care costs also add up quickly, according to a 2009 study published in Public Health Reports.
These costs include:
- Hospital bills for emergency treatment
- Medical bills for the patient’s ongoing care
- Rehabilitation and therapy
- Counseling for emotional care
- Specialized medical equipment including wheelchairs and braces
These costs can be much higher if the TBI causes a permanent disability. You may have to hire professional caregivers and home health nurses or place your loved one in a long-term care facility.
How frequently do TBIs cause disabilities?
Severe brain injuries can take years to recover from, and many people never fully recover. Coma and memory loss is common following an accident-related TBI, leading to weeks or even months of hospitalization. Then, the rehabilitation process begins. Inpatient rehab is often necessary, and about 43 percent of those with a moderate or severe TBI still have related disabilities a year later, according to the Centers for Disease Control and Prevention (CDC).
About 5.3 million Americans live with a permanent disability related to a TBI, according to CDC statistics. These disabilities can include issues with:
- Cognitive function
- Coordination, balance, or strength
- Damaged senses, including vision impairment or lost hearing
- Personality changes and other psychological problems
Most patients with a TBI undergo extensive therapy to recover as fully as possible, and then rely on family and professional support for areas that require additional assistance.
What do I need to know before settling the insurance claim?
Insurance companies try to rush to settle brain injury cases because they know it takes time to determine the full range of costs associated with a TBI. If you hope to receive fair compensation, however, you need a full picture of all damages before you agree to a settlement.
Your lawyer can help you get an idea of your medical bills and price of ongoing care, and ensure you do not overlook any actual costs of the TBI. A brain injury attorney can also help calculate your loss of income.
The loss of income is another thing that you should carefully consider before accepting a claim. If the injured party is a spouse or adult child, you need to consider how much of an impact it will have on the family income if he cannot return to work. If you have left work, taken time away from work or changed jobs in order to care for your loved one, you should consider this loss of income as well.
How can Montero Law help?
Montero Law can help you get the compensation you need to care for your loved one. If the negligence of another person caused your loved one’s TBI, you may be eligible to collect damages in a Florida personal injury case. Contact us today at 954-767-6500 to learn more.