Thursday, August 30, 2012

A curative Malpractice Victim's Guide to recompense in New York - Part 2

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A verdict allows a victim to 'enter judgment' against the doctor or hospital for the amount that has been awarded. In addition to the award, interest will be added to the award for past pain and suffering from the time of the malpractice until the date of the verdict.

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Once a judgment is entered, the attorney can make every attempt to regain against the doctor, hospital or its' insurance company.

Elements of compensation:

1. Pain & suffering

2. Economic loss

(a) medical & hospital bills

(b) Lost wages

(c) Lost future income

(d) Lost benefits

(e) Lost future benefits

(f) future medical expenses, including doctors, hospitals, surgery, rehabilitation, medical insurance premiums, nursing, medications & medical equipment.

Pain & Suffering

A community for pain and suffering is based on what other similar cases have settled for. Many times your lawyer can resolve what 5 days of suffering is worth in the County in which you have your case. They can try and find similar cases and injuries to what you experienced to get a sense of the value of your single case.

Having said that, it's leading to note that every case is different, and every person who suffers an injury handles it differently. That's why there's such great fluctuation in the middle of similar cases, especially in different parts of the State. A jury in north Albany County may view a fractured arm as having a lower value than a jury in Manhattan or the Bronx.
Importantly, pain and suffering awards are tax-free in New York.

Economic Loss

This is an element of 'damages' that is facilely calculated. If the victim was working, we can piece together what they were earning at the time of the malpractice, and then task transmit what they likely would have earned in the future had they not suffered such horrible injuries.

In order to help a jury understand the value of money, medical malpractice lawyers will often hire economists, experts at evaluating and discussing the value of money. We all know that the value of a dollar 20 years ago was much different than it is today. That's known as inflation. An expert economist is brought in to justify to a jury that a dollar today will not buy the same things 10, 15, 20 and even 30 years from today. That is why when we ask a jury to make an award today, they must identify that this award will be used to help pay for medical expenses for the rest of that victims' life. If an award is made to pay for something that costs 0 dollars today, in 15 years that same 0 will not be able to buy the medical gismo that he used to buy it 15 years earlier. It would not be fair to the victim or his family to dig into their own pockets to pay for those expenses, especially when they did nothing to conduce to the victim's injuries. It should be the total responsibility of the person who caused the harm.

To resolve what medical expenses are likely to be incurred in the future, medical specialists are brought in to discuss the victim's injuries and what they can expect to happen in the future. We often consist of rehabilitation experts, and vocational experts to justify what type of employment this handicapped individual might be capable of doing in the future, and what kind of earnings they could ever be incredible to earn.

Conclusion

These are the basics to comprehension how a medical malpractice victim obtains full and fair compensation in the State of New York.

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