Five Strategies to Better Manage Medical Costs & Economic Damages in Personal Injury Cases

Life care plans (LCPs) in the $10-$50 million range are increasingly common. What is the best strategy to deal high-cost LCPs and the potentially “nuclear” verdicts that can result from them? This presentation focuses on the following strategies: (1) using methods from health economics adjusting alleged future “expected” charged amounts for reasonable and fair market value; (2) combining reasonable value adjustments with clinical expert testimony on medical necessity; and (3) using methods from biostatistics to adjust life expectancy for pre-existing comorbid conditions and post-incident disposition.

Featured speakers: 
John E. Schneider, PhD & Cara Scheibling, MBA
Avalon Health Economics

Sponsored by: 

1 hour General CLE credit has been requested.

Free for members!

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