KW Economics prepares life care plan costing for spinal cord injury cases venued in Alaska: what the loss claim consists of, the records that drive it, and a present value built to Alaska damages rules and venues. Plaintiff and defense.
A spinal cord injury life care plan carries attendant care, wheelchair and equipment replacement cycles, supplies, home and vehicle modifications, and periodic hospitalization for complications, each with its own frequency, replacement interval, and cost category. The economist schedules each replacement at the interval the plan specifies, grows each item at the rate appropriate to its category, discounts the stream over the life expectancy the medical evidence supports, and presents home-based and facility-based care scenarios when the plan offers both. The report lists the replacement schedule so counsel can see how many cycles the horizon contains.
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 present value of attendant care over a lifetime is usually the largest figure, followed by future lost earnings for a person injured early in a working life. Equipment costs recur on replacement cycles and are sensitive to the cost growth rate applied, and home and vehicle modifications add one-time and recurring items. Because the level of injury determines attendant care hours and the person's capacity for alternative work, the report's total moves with those inputs, and the life expectancy the medical evidence supports sets the horizon for every stream.
Alaska's trial judges act as gatekeepers for expert testimony and ask whether the economist is qualified by training and experience, whether the method is one the profession has tested and accepted, and whether it was applied reliably to the facts of the case. A damages report meets that inquiry by naming the published source behind every rate and table and tying each assumption to the record.
Highest court: Alaska Supreme Court. Court system: courts.alaska.gov.
Federal venues: District of Alaska.
Outside the civil courts, wage-loss disputes in workers' compensation matters proceed before the Alaska Workers' Compensation Board.
Alaska pairs a wrongful death action, measured by the loss to the surviving spouse, children, or dependents, with a survival action for the decedent's own claims, and when no dependents survive the recovery runs to the estate on a different measure. Collateral-source payments reduce the award after verdict except where the source holds a subrogation right, and prejudgment interest runs on tort awards from a defined accrual point, so the interval between injury and judgment is part of the economic picture.
We issue the final report and provide deposition and trial testimony, rebuttal of opposing present value opinions, and revaluation when the plan is updated.
A spinal cord injury life care plan carries attendant care, wheelchair and equipment replacement cycles, supplies, home and vehicle modifications, and periodic hospitalization for complications, each with its own frequency, replacement interval, and cost category. The economist schedules each replacement at the interval the plan specifies, grows each item at the rate appropriate to its category, discounts the stream over the life expectancy the medical evidence supports, and presents home-based and facility-based care scenarios when the plan offers both. The report lists the replacement schedule so counsel can see how many cycles the horizon contains.
Alaska's trial judges act as gatekeepers for expert testimony and ask whether the economist is qualified by training and experience, whether the method is one the profession has tested and accepted, and whether it was applied reliably to the facts of the case. A damages report meets that inquiry by naming the published source behind every rate and table and tying each assumption to the record. Spinal Cord Injury cases venued in Alaska are heard in the Superior Court (General jurisdiction trial court; handles all civil and criminal matters), with final appeals to the Alaska Supreme Court. Matters within federal jurisdiction proceed in the District of Alaska.
Alaska pairs a wrongful death action, measured by the loss to the surviving spouse, children, or dependents, with a survival action for the decedent's own claims, and when no dependents survive the recovery runs to the estate on a different measure. Collateral-source payments reduce the award after verdict except where the source holds a subrogation right, and prejudgment interest runs on tort awards from a defined accrual point, so the interval between injury and judgment is part of the economic picture. 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 Alaska rules to a documented figure.
Request a consultation on Life Care Plan Costing or call (201) 343-0700. Plaintiff and defense counsel.