In Life-Care Planners Can Help Simplify Damages For The Jury, vocational evaluation expert witness and life care planner Ronald T Smolarski writes on to determine what care and how much money a chronically or catastrophically disabled individual will need for the rest of his or her life.
..based on current medical knowledge, the rehabilitation consultant strives to itemize everything the disabled person might need during his or her lifetime and to make the plan specific so the individual’s needs are met. Cost is established using a two-step process. In the first step, a monetary sum that will compensate for actual loss and encompass all foreseeable expenses is determined in current dollars.
In the second step, a rehabilitation consultant qualified in economic damages evaluation determines present and future values of damages. To do this, cost is given in current dollars. Through this process, future cost increases can be more easily seen, understood and met.