Just how much can a spinal cord injury cost?

On Behalf of | Nov 22, 2021 | Uncategorized |

After you’re involved in a serious car crash, something that you may need to deal with is a spinal cord injury. This kind of injury is life-changing in many ways ranging from how it may affect the things you do to its influence on your finances.

There are many factors that may influence the cost of your spinal cord injury. It’s important to determine the amount that it’s expected to cost you over time, though, so that you can make a personal injury claim and get the compensation that you need.

What are some common expenses when living with a spinal cord injury?

When you have a spinal cord injury, there are several types of expenses to expect. These might include:

  • The initial emergency treatment needed for the injury, such as surgery to stabilize the spine
  • Post-injury rehabilitation costs
  • Medication expenses
  • The cost of updating your home for wheelchair accessibility or disability support items
  • Medical equipment costs
  • Psychotherapy expenses

These and other financial losses are to be expected, but they can be high. Just the emergency treatment for a new spinal cord injury is an average of $142,366. This doesn’t include additional surgeries or therapies in the first year of treatment.

At the last time it was estimated, the Christopher & Dana Reeve Foundation reported that the average cost of treating even the least serious of spinal cord injuries with incomplete motor function was at least $347,484 for the first year, and that was in 2014. Costs have risen since then.

It’s reasonable to expect your spinal cord injury to cost anywhere from $1.5 million to $5 million to care for over the course of your lifetime if you’re injured when you’re 25. It may cost you between $1.1 million and $2.6 million if you’re injured at the age of 50. For this reason, seeking compensation from an at-fault driver is reasonable and expected. You need to take steps to get compensation so that you don’t have to come up with that financial support on your own. This is a costly injury, but with the right help, you can get compensated fairly for what you’ve been through.