Life Care Plan Cost Projection and Present Value for Product Liability Cases in New Hampshire

By KW Economics Editorial Team · Updated

KW Economics prepares life care plan costing for product liability cases venued in New Hampshire: what the loss claim consists of, the records that drive it, and a present value built to New Hampshire damages rules and venues. Plaintiff and defense.

How life care plan costing applies to Product Liability in New Hampshire

Product liability injuries such as burns, amputations, and neurological injuries produce life care plans with long horizons and heavy recurring items, and the injured person is often a child whose plan runs for a full life expectancy. The economist carries each item forward with category-specific medical cost growth, schedules replacements at the plan's intervals, and discounts the stream over the life expectancy the medical evidence supports. In a mass tort setting the same growth, discount, and life expectancy conventions are applied across the claimants' plans so the valuations are consistent in method and each traces to its own plan.

Reduction of a life care plan's line items to a single present value. The plan's items, frequencies, durations, and unit costs are carried forward with medical cost growth appropriate to each category, then discounted over the applicable life expectancy. Plan authorship stays with the life care planner; our role is the economic translation of the plan into a damages figure that reconciles with the plan and can be examined item by item.

Where the damages concentrate

The exposure tracks the injury: burns, amputations, and neurological injuries produce large future earnings and care losses; less severe injuries produce a bounded past loss and limited future treatment. Because product cases often involve children, homemakers, and retirees, the household services and care components frequently outweigh the earnings loss, and the analysis must be built from those components rather than from wage records that do not exist. For fatal injuries the exposure follows the wrongful death structure with the personal consumption deduction as the key assumption.

New Hampshire courts and expert standards

New Hampshire courts screen expert testimony for reliability under a statutory standard: the judge asks whether the economist is qualified, whether the opinion rests on sufficient facts and reliable principles and methods, and whether those methods were reliably applied to the case. A damages report is written to that inquiry, with every rate and table traced to a published source.

Where these cases are heard

Highest court: New Hampshire Supreme Court. Court system: courts.state.nh.us.

Federal venues: District of New Hampshire.

Outside the civil courts, wage-loss disputes in workers' compensation matters proceed before the New Hampshire Department of Labor, Workers' Compensation Division.

Damages framework

New Hampshire treats a death claim as the decedent's own action carried on by the estate: recovery includes the decedent's pain and suffering, medical and funeral expenses, and the probable duration of life and the capacity to earn money lost by the death, with limited separate allowances for a surviving spouse's and children's loss of comfort and society. Recovery is barred once the plaintiff's fault exceeds the combined fault of the defendants, the common-law collateral source rule applies, and interest on the award runs from the filing of the writ.

Typical deliverables

We issue the final report and provide deposition and trial testimony, rebuttal of opposing present value opinions, and revaluation when the plan is updated.

Life Care Plan Costing for Product Liability in other states

Frequently asked: Life care plan costing in New Hampshire product liability matters

How is life care plan costing built for a product liability case in New Hampshire?

Product liability injuries such as burns, amputations, and neurological injuries produce life care plans with long horizons and heavy recurring items, and the injured person is often a child whose plan runs for a full life expectancy. The economist carries each item forward with category-specific medical cost growth, schedules replacements at the plan's intervals, and discounts the stream over the life expectancy the medical evidence supports. In a mass tort setting the same growth, discount, and life expectancy conventions are applied across the claimants' plans so the valuations are consistent in method and each traces to its own plan.

What do New Hampshire courts ask of life care plan costing before it reaches the fact finder?

New Hampshire courts screen expert testimony for reliability under a statutory standard: the judge asks whether the economist is qualified, whether the opinion rests on sufficient facts and reliable principles and methods, and whether those methods were reliably applied to the case. A damages report is written to that inquiry, with every rate and table traced to a published source. Product Liability cases venued in New Hampshire are heard in the Superior Court (General jurisdiction; civil cases with jury trials, felonies), with final appeals to the New Hampshire Supreme Court. Matters within federal jurisdiction proceed in the District of New Hampshire.

How does the New Hampshire damages framework shape life care plan costing in a product liability case?

New Hampshire treats a death claim as the decedent's own action carried on by the estate: recovery includes the decedent's pain and suffering, medical and funeral expenses, and the probable duration of life and the capacity to earn money lost by the death, with limited separate allowances for a surviving spouse's and children's loss of comfort and society. Recovery is barred once the plaintiff's fault exceeds the combined fault of the defendants, the common-law collateral source rule applies, and interest on the award runs from the filing of the writ. The report presents past and future amounts separately, states every rate and table with its source, and shows the result under the alternatives the other side is likely to argue, so counsel can apply the New Hampshire rules to a documented figure.

References

Request a consultation on Life Care Plan Costing or call (201) 343-0700. Plaintiff and defense counsel.