Life Care Plan / Medical Cost Projection
Defined by the Life Care Planning and Case Management Handbook, a Life Care Plan is “A dynamic document based upon published standards of practice, comprehensive assessment, data analysis and research, which provides an organized, concise plan for current and future needs, with associated costs, for individuals who have experienced catastrophic injury or have chronic care needs.”
Review Med only utilizes certified life care planners to complete Life Care Plans. Life Care Plans are used to determine the lifetime medical costs involved in a serious injury or illness and are often used in litigated cases. The Certified Life Care Planner will coordinate their services in conjunction with the referring source to determine the scope of the analysis to be performed as well as compensable and approved medical services and procedures to identify costs.
The Medical Cost Projection is designed to help determine the future costs of the medical portion of a workers’ compensation or liability claim. By utilizing the medical records and costs associated with treatment over the previous 1½ to 2 years, reserves for future treatment and costs can be estimated.
The Medical Cost Projection Report will include information on the frequency and duration of current and future treatment, potential complications and worsening of the condition of the claimant, and the probable outcome/prognosis based on the available medical information.