Spinal cord injuries (SCIs) are one of the most severe injuries a person can sustain, often leading to lifelong disabilities and substantial financial burdens. The financial impact of a spinal cord injury can be overwhelming, with significant medical expenses, lost wages, and ongoing care costs. In this blog post, we will explore the financial implications of a spinal cord injury and the available compensation options for those who have been affected
Medical Expenses
The cost of treating a spinal cord injury can be astronomical. The initial treatment, which includes emergency medical care, surgery, and hospitalization, can cost anywhere from tens of thousands to hundreds of thousands of dollars. According to the National Spinal Cord Injury Statistical Center, the average cost of treating a spinal cord injury in the first year alone can exceed $1 million.
Ongoing Care Costs
Individuals with spinal cord injuries often require ongoing care and support, such as home health care, medical equipment, and personal care attendants. These costs can add up quickly and can be ongoing for the rest of their lives. According to the Christopher and Dana Reeve Foundation, the average annual cost of ongoing care for someone with high tetraplegia (paralysis of all four limbs and torso) can exceed $1 million.
Lost Wages and Reduced Earning Capacity
Spinal cord injuries can also lead to significant lost wages and reduced earning capacity. Many people with SCIs are unable to return to work, and those who do may require significant accommodations or work in a reduced capacity. This can result in a significant reduction in earnings and a loss of career opportunities.
Available Compensation Options
If you or a loved one has sustained a spinal cord injury, it is essential to explore all available compensation options. The following are some of the most common options:
Insurance
If the injury was caused by an accident, such as a car crash, the injured person may be able to recover compensation from their insurance provider or the at-fault party’s insurance provider. This can include coverage for medical expenses, lost wages, and other damages.
Workers’ Compensation
If the injury occurred on the job, the injured person may be eligible for workers’ compensation benefits. Workers’ compensation can provide coverage for medical expenses, lost wages, and other damages related to the injury.
Social Security Disability Insurance (SSDI)
If the injured person is unable to work due to their injury, they may be eligible for Social Security Disability Insurance (SSDI) benefits. SSDI provides monthly income to those who have a severe disability that is expected to last for at least a year or result in death.
Personal Injury Lawsuit
If the injury was caused by the negligence of another person or entity, the injured person may be able to file a personal injury lawsuit to recover compensation. This can include coverage for medical expenses, lost wages, pain and suffering, and other damages.
It is important to note that the process of obtaining compensation can be complex and time-consuming. It is recommended that individuals seek the assistance of an experienced personal injury attorney who can help guide them through the process and ensure that they receive the full and fair compensation they deserve.
In addition to compensation options, there are also resources available to help individuals with spinal cord injuries manage their finances. The National Spinal Cord Injury Association and the Christopher and Dana Reeve Foundation both offer financial resources and information for individuals and families affected by spinal cord injuries.
It is also important to consider the long-term financial impact of a spinal cord injury when planning for the future. Financial planning, including disability insurance and estate planning, can help ensure that individuals with spinal cord injuries and their families are prepared for the future and have the resources they need to manage the financial burdens of the injury.
A spinal cord injury can have a significant financial impact, but there are options available to help mitigate the financial burden. It is important for those who have been affected to explore all available compensation options and seek the assistance of an experienced personal injury attorney. Additionally, resources and planning can help individuals and families manage the long-term financial impact of a spinal cord injury.
As a personal injury law firm that specializes in representing clients who have been injured in accidents, including those who have sustained spinal cord injuries, we understand the financial impact of these injuries and the ongoing care and support that is required. At Christian & Christian Law, we are committed to helping our clients explore all available compensation options, including insurance claims, workers’ compensation, Social Security Disability Insurance (SSDI), and personal injury lawsuits.
We take a client-centered approach to our practice, meaning that we prioritize the needs and goals of our clients above all else. We work closely with our clients to understand their unique circumstances and develop a personalized legal strategy that meets their needs.
We are also committed to supporting our clients beyond the legal process. We offer resources and guidance to help clients manage the financial impact of their injuries, including information on financial planning and resources available for individuals with spinal cord injuries.
If you or a loved one has sustained a spinal cord injury, we can help. Our experienced attorneys are dedicated to helping clients navigate the legal system and obtain the compensation they need to manage the financial burdens of their injuries.