Finding the Present Value of a Life Care Plan
Understand how to adjust life care plans for inflation and calculate present value using proven financial methods.
Access the Medico-Legal Webinar On-Demand!
In medico-legal cases, accurately determining the present value of a life care plan is crucial for ensuring fair and well-supported financial outcomes. This informative webinar breaks down the essential steps involved in adjusting life care plans for future medical inflation, general inflation, and present value calculations.
Participants will gain a deeper understanding of the financial principles that drive cost projections, including compounding interest, discount rates, and the use of Treasury Inflation-Protected Securities (T.I.P.S.) as a tool for inflation mitigation.
Objectives
- ✓ The key components of a life care plan and cost projections
- ✓ How to adjust for medical and general inflation
- ✓ The fundamentals of present value and discount rates
- ✓The role of financial tools like T.I.P.S. in inflation protection
Don’t miss this opportunity to enhance your expertise in life care planning and financial forecasting. Learn how to confidently calculate and present accurate cost projections, ensuring fair and reliable assessments in injury cases. Join us to gain practical knowledge that will help you navigate the complexities of evaluating life care costs with precision.
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Presenter: Dr. Moore
Dr. Moore is a highly accomplished expert in political economy, management, and legal consulting, with decades of experience across academia, industry, and litigation. From 1972 to 2003, he was a Professor of Political Economy at the University of Massachusetts, Amherst. He later led Marox Corporation, a medical implant and instrument manufacturer in Holyoke, Massachusetts, from 2003 to 2006.
For over 40 years, he has provided expert legal and management consulting across the U.S., offering testimony in personal injury, medical malpractice, employment discrimination, and business dispute cases. He also played a key role in preparing more than 100 claims related to the September 11, 2001 tragedy.
Frequently Asked Questions
Who is this webinar for?
This webinar is designed for professionals involved in medico-legal cases, including life care planners, attorneys, insurance professionals, case managers, economists, and rehabilitation specialists. If you work with or rely on life care plans for litigation, settlement planning, or financial forecasting, this webinar will help you understand the financial principles behind accurate cost projections.
What is the "present value" of a life care plan?
The present value represents the current equivalent of future life care costs, adjusted using discount rates and inflation factors. It allows courts and insurers to assess how much money is needed today to fund all future care.
What are T.I.P.S. and how do they help with inflation?
Treasury Inflation-Protected Securities (T.I.P.S.) are government-backed bonds designed to protect against inflation. They adjust with the Consumer Price Index, making them a conservative and reliable tool in financial forecasting.
How long is the on-demand webinar?
The on-demand webinar runs approximately 46 minutes, including the main presentation, a real-life example walkthrough, and a live Q&A segment. It’s designed to deliver valuable insights in under an hour—perfect for busy professionals.
How can I find more webinars like this?
You can explore additional webinars by visiting our Webinar Library or subscribing to our newsletter for updates on upcoming events. We regularly offer on-demand and live sessions on medico-legal topics, long-term care, and case management for a variety of medical conditions, including brain injuries. Stay tuned for future announcements!
Is there a cost to access the webinar?
No, this webinar is completely free to access. We aim to make this valuable content available to all professionals involved in medico-legal cases and long-term care planning for traumatic brain injuries. Simply register to gain instant access!
Will I receive a certificate after completing the webinar?
No, certificates are not provided for this specific webinar. However, if you attend the INJURY INSIGHT Series, you will receive a certificate of completion for each session, which can contribute to your continuing education and professional development. Stay tuned for upcoming series details!
Can I contact someone with questions after the webinar?
Absolutely! If you have any questions or need further clarification, you can reach out to our team via [email protected] and we’ll be happy to assist you.
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