Specialty Allocations’ Medical Cost Projections (MCP) compiles information from both past and present medical records to accurately project future medical costs throughout the claimant’s lifespan. Medical Cost Projections serve as an invaluable resource for forecasting future medical exposure and future medical costs for settlement purposes.
Our MCP reports are prepared by Registered Nurses. They provide a comprehensive medical analysis of all related medical and prescription drug costs associated with an injury or illness. Medicals are reviewed from all treating sources, in addition to claim payment history and prescription drug history. The Medical Cost Projection provides a detailed, chronological summary and identifies what is related and what is unrelated to the injury. The Medical Cost Projection can aid as a tool in setting reserves in workers’ compensation and liability claims.
Our Medical Cost Projection reports provides nurse recommendations on future medical care. The report takes into consideration the lifetime projected costs such as physician visits, diagnostics, future procedures, and medications.
Medical Cost Projections do not require an onsite visit. “Present day value” serves as the baseline for future medical needs. MCP report can be based on the claimant’s actual age or rated age. The MCP report is completed within 10-14 business days, rush case is available for an additional charge.
555 Winderley Place, Suite 300
Maitland, FL 32751