KW Economics provides life care plan costing for matters venued in Michigan. The plan's items, frequencies, durations, and unit costs are carried forward with medical cost growth appropriate to each category, discounted over the applicable life expectancy, and presented item by item so counsel and the trier of fact in Michigan can follow each line from the plan to its present value. Authorship of the plan stays with its author; the economist's role is the translation of the plan into a damages figure. Plaintiff and defense.
Michigan's Circuit Court is the primary trial-level forum for the personal injury, wrongful death, employment, and commercial damages claims these analyses support. Workers' compensation claims, where the dispute is over wage-loss benefits rather than tort damages, are administered by the Michigan Workers' Disability Compensation Agency. Final appeals in the Michigan court system run to the Michigan Supreme Court. Michigan is served by 2 federal district courts, where the same analyses are offered under the federal expert-disclosure framework.
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.
Michigan's wrongful death act gathers the survival and death claims into a single action: the estate recovers the decedent's conscious pain and suffering and medical and funeral expenses, and the surviving family recovers lost financial support, services, society, and companionship. Awards are reduced after verdict by collateral-source payments other than those subject to a lien, a plaintiff whose fault exceeds half loses noneconomic damages while economic damages are only reduced, the court reduces future damages to present value under a statutory formula, and interest on the judgment runs from the filing of the complaint. Outside the civil courts, wage-loss disputes in workers' compensation matters proceed before the Michigan Workers' Disability Compensation Agency.
Life care plan costing for Michigan matters is directed by Christopher Skerritt, M.Ed., MBA, Chief of Economic Services, who is available to testify to it.
Our experts serve clients throughout Michigan, including the following communities.
KW Economics offers complementary services to support your Michigan cases.
Yes. KW Economics provides life care plan costing for attorneys handling matters venued in Michigan, for plaintiff and defense counsel, with the analysis sized to the engagement scope and built from the records that drive the claim and from data for the Michigan market rather than from national averages.
A complete engagement typically includes a records request tailored to the claim (the life care plan itself, its unit-cost sources, and the life expectancy opinion it rests on), a review of the record and the pleadings, a written statement of assumptions, a report that presents each loss component and its present value, review and rebuttal of any opposing report, and deposition and trial testimony when required. Scope and turnaround are calibrated to the case posture and the governing disclosure framework.
Expert disclosure in Michigan is scheduled case by case: in the Michigan trial courts by the case management or scheduling order, and in the federal district courts serving Michigan by the federal expert-disclosure framework, under which the written report, the materials considered, and the testimony history are served together. KW Economics confirms the disclosure date at retention and sizes the records request and turnaround to it; counsel confirms the governing deadline for the case.
Request a consultation on Life Care Plan Costing in Michigan or call (201) 343-0700. Plaintiff and defense counsel.