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

By KW Economics Editorial Team · Updated

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

How Life Care Plan Cost Projection and Present Value applies to Product Liability in Washington

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.

Washington courts and expert standards

Washington courts ask whether the methodology behind an expert opinion is generally accepted in the relevant professional community and whether the economist is qualified by training and experience to apply it, leaving disputes over the inputs to cross-examination. The methods of forensic economics are published and long used, so the examination of a damages report usually turns on its assumptions and their support in the record.

Where these cases are heard

Highest court: Washington Supreme Court. Court system: courts.wa.gov.

Federal venues: Western District of Washington, Eastern District of Washington.

Outside the civil courts, wage-loss disputes in workers' compensation matters proceed before the Washington Department of Labor and Industries.

Damages framework

Washington pairs a wrongful death action for the beneficiaries' pecuniary loss, which was broadened in recent years to reach more family members, with a general survival action in which the estate recovers the decedent's economic losses, including net future earnings, and a limited survival claim for the decedent's own pre-death suffering. Pure comparative fault reduces the award in proportion, the collateral source rule applies outside medical malpractice where evidence of collateral payments is admissible, statutory limits on noneconomic damages have been held unconstitutional, and prejudgment interest is generally limited to liquidated sums.

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 Washington product liability matters

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

The same four steps apply to a product liability case venued in Washington; the damages framework above decides which components enter the total. Establish the but-for path from the earnings history or, for a child, student, or homemaker, from the educational path, occupational data, or the household work performed. Draw the post-injury path from actual earnings and the work-capacity opinions, and project both paths over the applicable worklife or life expectancy with growth. Value household services from time-use data and local rates, and price future care from the life care plan with category-specific cost growth. Discount every stream to present value at a stated rate and, where there are multiple claimants, apply one documented methodology to each record.

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

Washington courts ask whether the methodology behind an expert opinion is generally accepted in the relevant professional community and whether the economist is qualified by training and experience to apply it, leaving disputes over the inputs to cross-examination. The methods of forensic economics are published and long used, so the examination of a damages report usually turns on its assumptions and their support in the record. Product Liability cases venued in Washington are heard in the Superior Court (General jurisdiction; one in each of 39 counties; all civil, criminal, and domestic matters), with final appeals to the Washington Supreme Court. Matters within federal jurisdiction proceed in the Western District of Washington and Eastern District of Washington.

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

Washington pairs a wrongful death action for the beneficiaries' pecuniary loss, which was broadened in recent years to reach more family members, with a general survival action in which the estate recovers the decedent's economic losses, including net future earnings, and a limited survival claim for the decedent's own pre-death suffering. Pure comparative fault reduces the award in proportion, the collateral source rule applies outside medical malpractice where evidence of collateral payments is admissible, statutory limits on noneconomic damages have been held unconstitutional, and prejudgment interest is generally limited to liquidated sums. 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 Washington rules to a documented figure.

References

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