KW Economics prepares life care plan costing for product liability cases venued in Wisconsin: what the loss claim consists of, the records that drive it, and a present value built to Wisconsin 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.
Wisconsin courts screen expert testimony for reliability: 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. An economic damages report is written to that inquiry, with each rate and table traced to a published source.
Highest court: Wisconsin Supreme Court. Court system: wicourts.gov.
Federal venues: Eastern District of Wisconsin, Western District of Wisconsin.
Outside the civil courts, wage-loss disputes in workers' compensation matters proceed before the Wisconsin Department of Workforce Development, Worker's Compensation Division.
Wisconsin pairs a wrongful death action for the beneficiaries' pecuniary injury and a limited allowance for loss of society and companionship with a survival action for the decedent's own claims. Recovery is barred once the plaintiff's fault exceeds the defendant's, the common-law collateral source rule applies outside medical malpractice where evidence of collateral payments is admissible, statutory limits apply to noneconomic damages in medical malpractice claims, and interest on a verdict that beats a rejected statutory offer of settlement runs from the date of the offer.
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.
Wisconsin courts screen expert testimony for reliability: 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. An economic damages report is written to that inquiry, with each rate and table traced to a published source. Product Liability cases venued in Wisconsin are heard in the Circuit Court (General jurisdiction; one in each of 72 counties; all civil, criminal, family, and probate matters), with final appeals to the Wisconsin Supreme Court. Matters within federal jurisdiction proceed in the Eastern District of Wisconsin and Western District of Wisconsin.
Wisconsin pairs a wrongful death action for the beneficiaries' pecuniary injury and a limited allowance for loss of society and companionship with a survival action for the decedent's own claims. Recovery is barred once the plaintiff's fault exceeds the defendant's, the common-law collateral source rule applies outside medical malpractice where evidence of collateral payments is admissible, statutory limits apply to noneconomic damages in medical malpractice claims, and interest on a verdict that beats a rejected statutory offer of settlement runs from the date of the offer. 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 Wisconsin rules to a documented figure.
Request a consultation on Life Care Plan Costing or call (201) 343-0700. Plaintiff and defense counsel.