A medical cost projection generally addresses a defined set of anticipated medical services based principally on the records and cost information available for the assignment. A life care plan generally involves a broader assessment that may include an interview or evaluation, consultation with providers when appropriate and possible, and analysis of long-term care needs. The precise scope of either service is defined by the referral questions and available foundation.
When to use one
- Early settlement and mediation: A documented future-care figure before treatment has stabilized.
- Targeted damages: When the dispute centers on a specific procedure, surgery, or treatment course rather than lifetime care.
- A starting point: If the case later calls for comprehensive planning, the projection can serve as the foundation for a full life care plan.
What’s included: Each projection identifies the future-care items included within the defined scope of the assignment, together with the frequency, duration, and current cost assumptions used. The projection states the medical information and cost sources relied upon and identifies material limitations or recommendations that could not be reliably priced.
Medical Cost Projection vs. Life Care Plan
|
Medical Cost Projection |
Life Care Plan |
| Timing |
During active treatment |
After treatment stabilizes |
| Basis |
Medical record review and cost research |
Record review, evaluee interview, physician conferences, cost research |
| Scope |
A specific condition or course of treatment |
All future care needs over the person’s lifetime |
| Best for |
Early evaluation, settlement, reserves |
Litigation, trial testimony, comprehensive planning |