Did you know? A Medical Settlement Specialists Future Medical Exposure Evaluation is more than just a cost projection. It is a powerful tool that can assist you and your clients in a number of ways.
Our reports are often used on smaller cases to set a reasonable foundation for settlement negotiations and client expectation management.
Check out this recent example…
FACTS:
Straightforward lumbar injury case, status post fusion. Applicant at MMI, doing well, and back to work. No dispute regarding compensability, indemnity, or denied medical care. Very limited future medical care was recommended by physician. The Applicant insisted they wouldn’t settle for less than $500k on the future medical side because their friend had similar issues and got more than that.
Carrier offered 70k for future medical.
MSS valued future medical exposure at $115,000.00.
RESULT:
Our client was able to educate the Applicant as to the reasonable value of the future medical claim with information supported by the medical record. The Applicant’s expectations were reset. Our client was able to confidently make a reasonable and supportable demand that resulted in an additional 15k at settlement!
A fantastic use of our report and a fantastic outcome for our client and the Applicant!
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Schedule time to discuss how MSS can assist you this settlement season.
Our step-by-step process to get MSS working for you couldn’t be EASIER:
- Use our client portal at medicalsettlementspecialists.com to
complete a case intake form and upload documents. - On our intake form, tell us your settlement goals (for example, understand the medical exposure, help educate your client regarding their potential risks/benefits of settlement, review an MSA for accuracy, identify non-Medicare covered items, review contested body parts that may be related, etc.)
- Once you receive your draft report, schedule time to learn the best ways to utilize this powerful TOOL we have built for you!