KW Economics prepares life care plan costing for product liability cases venued in Oregon: what the loss claim consists of, the records that drive it, and a present value built to Oregon damages rules and venues. Plaintiff and defense.
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.
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.
Oregon courts apply a multi-factor reliability inquiry of their own to expert testimony, asking whether the method is accepted in the profession, whether it has been tested and reviewed, and whether the economist applied it to the facts of the case, with qualification resting on training and experience. A damages report meets that inquiry by showing the published basis for each assumption and its fit with the record.
Highest court: Oregon Supreme Court. Court system: courts.oregon.gov.
Federal venues: District of Oregon.
Outside the civil courts, wage-loss disputes in workers' compensation matters proceed before the Oregon Workers' Compensation Division.
Oregon's wrongful death statute gathers the estate's and the beneficiaries' claims into one action brought by the personal representative: the decedent's pre-death losses and suffering, medical and funeral expenses, the beneficiaries' pecuniary loss, and their loss of society and companionship. Recovery is barred once the plaintiff's fault exceeds the combined fault of the defendants, the court may reduce an award after verdict by collateral-source payments other than insurance the plaintiff purchased, federal benefits, and sources with a reimbursement right, and prejudgment interest is generally not available on unliquidated injury damages.
We issue the final report and provide deposition and trial testimony, rebuttal of opposing present value opinions, and revaluation when the plan is updated.
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.
Oregon courts apply a multi-factor reliability inquiry of their own to expert testimony, asking whether the method is accepted in the profession, whether it has been tested and reviewed, and whether the economist applied it to the facts of the case, with qualification resting on training and experience. A damages report meets that inquiry by showing the published basis for each assumption and its fit with the record. Product Liability cases venued in Oregon are heard in the Circuit Court (General jurisdiction; 27 judicial districts; civil, criminal, family, and probate matters), with final appeals to the Oregon Supreme Court. Matters within federal jurisdiction proceed in the District of Oregon.
Oregon's wrongful death statute gathers the estate's and the beneficiaries' claims into one action brought by the personal representative: the decedent's pre-death losses and suffering, medical and funeral expenses, the beneficiaries' pecuniary loss, and their loss of society and companionship. Recovery is barred once the plaintiff's fault exceeds the combined fault of the defendants, the court may reduce an award after verdict by collateral-source payments other than insurance the plaintiff purchased, federal benefits, and sources with a reimbursement right, and prejudgment interest is generally not available on unliquidated injury damages. 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 Oregon rules to a documented figure.
Request a consultation on Life Care Plan Costing or call (201) 343-0700. Plaintiff and defense counsel.