Life Care Planning & Medical Care Cost Analysis
A Life Care Plan is a comprehensive and dynamic research-focused document created through the utilization of evidence-based medical practice and protocol.
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The purpose of the LCP is to estimate future medical care and associated costs typically for a person that has suffered a catastrophic injury or been diagnosed with a chronic (often terminal) illness.
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The primary LCP process is data collection and accumulation. Methods use to collect said information include (but are not necessarily limited to) review of medical records, diagnostic reports, research on standards of care, evaluation of home accommodations, or barriers, etc.
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Professional Rates:
The average professional hourly rate for medical cost projection services differs from one professional to the next. Those of us who are certified and specialize in case type sometimes charge more than the regional average. The rate varies based on experience and case complexity.
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Duration-of-Life Medical Costing (Life Care Plan) like VR experts, is typically invoiced hourly at a rate between $200 and $400.
Addressed in the LCP is the need for and extent of future:
Medical Procedures
Surgeries
Testing & Imaging
Personal Care Assistance
Home Modification
Vehicle Modification