Medical Cost Projections

Leverage Tower’s Medical Cost Projections service to make informed decisions about settlements

The Medical Cost Projection is a valuable tool for setting a claim’s reserves, determining settlement exposure and/or deciding the best time to settle.  Tower’s Medical Cost Projection provides a comprehensive analysis of the file based on jurisdictional requirements, state-specific treatment guidelines and detailed examination of medical and pharmacy treatment.  Once completed, our legal and clinical experts collaborate with your claims examiner to determine the most effective strategy to set reserves or optimize settlement outcomes.

Tower’s Medical Cost Projections:

  • Summarize medical and prescription drug records
  • Forecast reasonable and probable future medical exposure over the injured individual’s life expectancy
  • Apportion both Medicare and non-Medicare future medical expenses
  • Establish a medically accurate basis on which to set reserves for workers’ compensation, medical malpractice and liability claims
  • Recommend ways to manage the medical portion of the claim to ensure high-quality care and reduce costs
  • Can be converted into an MSA within one year of completion of the projection