How Do You Put a Figure on Long-Term Pain and Suffering?

Unfortunately, there is no empirical way to figure out how much someone's pain and suffering is worth. It isn't completely guesswork either. The way it is usually handled is: your lawyer will compare your claim to those that are similar. They will research other cases that have similar attributes to yours, and find out what level of compensation was reached in each case.

Some factors that effect the outcome include:

Are you still working or retired?

Are there things that you will not be able do anymore, as a result of the pain and suffering?

Is the pain controllable by medication or exercise?

How has your life been affected by this?

How much were medical costs and will there be a need for future treatment?

Will there be future economic losses?

What will be your life expectancy be?

Here is one example:

Suppose you are a 65 year old man who regularly attends a fitness club and is in good health. Your life expectancy is calculated to be about 81 years.

Your economic losses:

Medical bills:$29,000

Future medical costs: $90,000

Transportation to and from medical provider: $2,100

Prescription medication: $3,000

Estimated calculated medicine costs: $35,000

Medical supplies: $1,000

Total economic loss:

$160,100

However, the actual amount me be valued at much more than that, depending on several different circumstances. For questions regarding personal injury in Texas, visit out homepage.