All motor vehicle accident injuries cause a relative degree of financial hardship for their victims. However, injuries affecting the spine are especially expensive because victims often need care for the rest of their lives.
In the immediate wake of a spinal cord injury, most victims put off filing an accident claim. We believe these delays occur because the victim does not understand how much their lives are about to change in financial terms. Filing your accident claim as early as possible may shorten the time it takes to win the compensation necessary to treat your injuries.
Do all spinal cord injuries cost about the same?
No. Some injuries to the spine are significantly more catastrophic than others are, and they require more expensive treatment measures. Below you will find the estimated costs associated with three types of spinal cord injuries:
- Incomplete motor function. Victims can expect to spend about $347,000 during the year following this spine injury. The estimated lifetimes cost for victims typically range from $1,114,000 up to $1,578,000.
- Paraplegia. Paralysis of the lower body often follows a severe motor vehicle accident. The first year of treatment costs about $519,000. The estimated lifetime cost could reach as high as $2,310,000.
- Tetraplegia. Paralysis in all four limbs can cost between $770,000 and $1,000,000 during the first year. The lifetime total cost can range from about $2,000,000 to nearly $5,000,000.
Most motor vehicle accident victims suffering from spinal cord injuries need financial resources to pay for quality medical care. Please, consider learning more about filing a vehicle accident claim to ensure you receive the full amount of compensation you are due.