chat text
The catastrophic financial aftermath of a TBI

The catastrophic financial aftermath of a TBI

shapiro.admin November 7, 2019 Firm News

If you suffer a traumatic brain injury in an Arizona car crash or another kind of accident, your life as you now know it may be over. Why? Because a TBI causes your brain to begin malfunctioning due to the resulting injury when your head violently strikes a hard object or an object strikes your head.

TBIs often cause lifelong medical impairments, including the following:

  • Speech
  • Vision
  • Hearing
  • Cognitive
  • Mobility
  • Psychological

Actual costs

As devastating as a TBI can be in terms of its effects on your lifestyle, it likewise can put you and your family in the position of having to somehow pay the catastrophic medical and other bills that are sure to quickly mount. In the first six months alone, you can expect these bills to total upwards of $1 million.

If you are unfortunate enough to be in your twenties when you suffer your TBI, your lifetime costs likely will be truly mind-boggling. Studies show that you can expect an annual cost of $500,000, which totals during your lifetime to between $15 million and $20 million. Your insurance will run out all too soon.

Family costs

Your TBI will negatively impact your family as well as you. Depending on the nature and severity of your injury, you may require constant in-home care, which, in most families, translates into someone having to give up his or her job to stay home with the TBI victim. Consequently, both you and your caretaker lose the ability to work and earn a living. In addition, caregivers themselves usually develop conditions, issues and symptoms of their own due to the constant stress they experience. One study shows that while these family costs seldom make it into health care discussions, the hidden costs of a TBI nationwide as it pertains to family members amount to over $375 billion annually.

If you’ve suffered a brain injury in an accident, don’t hesitate to talk to our Scottsdale car accident attorney.

Free Consultation

  • All fields required *
  • Hidden
  • This field is for validation purposes and should be left unchanged.
  • This field is for validation purposes and should be left unchanged.