Also referred to as Future Medical Cost Projection, a Cost Projection (CP) is just that, a tool that provides a projection of the total cost of the medical needs related to an individual’s injury, for their life expectancy. A Cost Projection is commonly used in determining reserves and in settlement negotiations.

Cost Projections follow a similar methodology used in creating a Life Care Plan (LCP) including areas that cover medical care, equipment and medications. These generally are not as extensive as a LCP, and require less time to prepare.   

Cost Projections

Meridian Solutions, LLC                                              Donna Jennings, MPAS, PA-C, CLCP