The short-term costs of suffering a spinal cord injury can certainly be high. These could include lost wages and other forms of compensation. The costs also include medical bills, perhaps for emergency treatment, rehabilitation, surgery and much more.
For example, according to the Christopher & Dana Reeve Foundation, a person with high tetraplegia may need to pay over $1 million the first year. This is a spinal cord injury between the C1 and C4 vertebrae. It can absolutely change the course of a person’s life, as they may never recover and lose functionality below the injury site.
But the bills don’t stop after the first year. For each subsequent year that a person has to live with a high tetraplegia, it is estimated that they will spend almost $185,000. Therefore, their age plays a major role. A person who will be living with that injury for the next 20 years could be facing millions of dollars in long-term costs.
Seeking proper compensation
It’s important to consider this if you’ve been injured and you are seeking compensation from another party. If you only look at the initial costs, you could leave a lot of potential money on the table. You could also find yourself in a position where you need to pay for future treatment – more surgical procedures, in-home care, medication, etc. – but your settlement doesn’t cover those costs.
To prevent this from happening, take the time to carefully look into all of your legal options if you’ve been injured. You need to know how to seek the full compensation that you truly deserve.