Brain injuries can have profound and enduring consequences on a person’s life.
If you or a loved one has suffered a brain injury in an accident, an insurance company may offer a settlement early in the process. While it may seem tempting to accept that offer and move on, it is important to consider the long-term costs associated with a brain injury.
1. Medical bills
The foremost expense associated with brain injuries is medical treatment. Hospitalization, surgeries, diagnostic tests and medications can accumulate substantial bills. Ongoing monitoring and follow-up appointments with specialists further contribute to these costs.
Brain injury survivors often require extensive rehabilitation. Physical, speech and occupational therapies can continue for months or even years, incurring significant expenses.
3. Assistive devices
Brain injury survivors may need assistive devices to regain independence. These devices include wheelchairs, mobility aids, communication devices and home modifications to accommodate disabilities. These items and modifications come with a hefty price tag.
4. Lost income
Brain injuries often result in a loss of income due to the inability to work, at least temporarily. The financial impact of reduced or lost earnings can be substantial, affecting not only the individual but their entire family.
5. Mental health care
Emotional and psychological well-being is equally important. Many individuals with brain injuries require counseling or therapy to cope with the emotional toll of their condition. These sessions can be ongoing and costly.
Approximately 5.3 million Americans live with a permanent brain injury-related disability. Rushing into a settlement may lead to financial hardships down the road.