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What Is an Injury Settlement? An injury settlement is an agreement between the plaintiff and the defendant to settle a case outside of court. It can be a fast and effective way to receive compensation. In contrast to special damages, which can be easily calculated, non-economic damages are harder to pinpoint in a specific dollar amount. This includes things like discomfort and pain. Medical expenses Medical expenses could constitute a significant portion of a settlement, based on the severity of the accident. These expenses can include doctor visits, medication as well as surgery. These expenses are often not covered by insurance and may be costly. In the majority of cases, there are additional costs that come along with injuries, such as home healthcare, adaptive devices transporting patients to medical appointments, and many more. Medical bills are typically covered by a private health insurance company, the government's Medicare or Medicaid or PIP coverage. If you receive a settlement with unpaid medical balances, these must be paid from the settlement money. Your attorney can negotiate with the billing companies to reduce the amounts. Your lawyer will also be able to determine the appropriate amount for any other losses that aren't medically related. injury lawsuit alaska include the loss of future income, pain and suffering, and other damages that are not economic. Your lawyer must present expert testimony and proof of these other damages to be able to claim the proper amount. Loss of wages In addition to compensation for medical costs, injured victims may also be entitled to lost wages. These damages are calculated by the amount of time that the person was absent from work due to their injuries. A personal injury lawyer can assist their client collect lost wages in a personal injuries claim. It is possible to have to miss a significant amount work if suffering a traumatized brain injury, spinal cord injury or both. You will have to prove that your accident caused you to be absent from work. In proving the loss of wages, you need to include all sources of income. This includes regular wages, overtime, bonuses and commissions. You could also include vacation days or sick days. If your doctor concludes that you are able to return work under certain work restrictions, your employer must follow these restrictions. This could mean rearranging your job or supplying you with equipment that is helpful. A seasoned personal injury lawyer can help you gather all of the information necessary to prove a lost wage claim. They can also aid when the person who is injured is self-employed, or receiving an undetermined amount of money. In such cases, an insurance company must look at the past and future earnings of the injured party and provide a reasonable estimation of future lost wages. This will require a complete declaration from the plaintiff's accountant or financial professional. Non-economic damages When people think about personal injury injuries the first thing they think about is the amount of money lost due to medical expenses and lost wage. There are other costs that are hard to quantify in dollars. These are referred to as non-economic damages. They include the more tangible effects of injuries sustained by a victim, such as suffering and pain, and loss of enjoyment of life. Bills and pay stubs can be used to establish economic damages for juries and courts. Non-economic damages, however, on the other hand are more difficult to calculate and can be based on subjective factors such as pain, suffering, and emotional distress. The term “pain and suffering” refers to any physical, mental or emotional anguish resulting from the accident. It could also be a person's inability to participate to their usual hobbies or social activities. A jury will examine the consequences of the injury to the victim's life. Other economic damages can include disfigurement loss of consortium and loss of enjoyment of life. A person may suffer disfigurement after an accident that permanently alters their appearance. Although this isn't an economic loss but it can be painful to live with scratches and other injuries that will last forever. Damages for pain and suffering Pain and suffering is a category of non-economic damages to compensate for the physical pain and emotional distress that you've suffered from your accident. Unlike medical bills, auto repair costs, and lost wages they are more subjective damages that must be decided by the jury. Each juror will have a different opinion on what amount of compensation for suffering and pain is appropriate in your particular case. Documentation is a way to help a juror understand the extent of the injury. Your lawyer can collect written records from your doctors that provide details of your injuries along with videos and photos. The testimony of family members and friends can be persuasive. These testimonies may help create empathy among jurors, and also show how your injury has affected your hobbies and activities with your family. The length of your injuries may also affect the amount of your settlement for pain and suffering. The amount of pain and suffering awarded is typically higher for severe and disabling injuries than injuries that heal faster. Injuries can create a lot of emotional trauma and stress, and a successful claim for injury should reflect that. Your personal injury lawyer will help you construct an impressive case and negotiate an equitable settlement for all of your injuries. If you have questions regarding a possible settlement for your injuries make a call to Adam S. Kutner & Associates for a free consultation.