Hello There, Guest! Login Register
Index    |     Search    |     Members    |     Help

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Payout for Future Medical Calculation
#3
Thank you for your reply. I understand how to use PV and FV calculations, but what I am trying to find out is whether the offer from the WC provider is reasonable. They took what they have been spending on average for the past 4 years and multiplied it by my life expectancy and then multiplied that by 40%. It seems rather arbitrary. If I were to purchase an annuity with the settlement, it would not pay the cost of my estimated medical expenses on a yearly basis. And there is no consideration for an increase in those cost, so I will find myself further and further in a hole each year. Does the formula they are using sound normal, reasonable? Thanks.
 
Reply
  


Messages In This Thread
RE: Payout for Future Medical Calculation - humptydumpty - 07-11-2011, 03:54 PM

Possibly Related Threads...
Thread Author Replies Views Last Post
  Lifetime medical payout Jerry_Rivera 2 1,551 03-12-2019, 11:04 AM
Last Post: 1171
  Calculating payout after settlement SMG4643 2 1,086 01-18-2019, 06:48 PM
Last Post: 1171
  The future Dasrock 1 862 07-20-2018, 09:30 PM
Last Post: 1171
  Insurance Co. Settlement Future Medical Questions Solin 3 2,775 03-23-2018, 03:13 PM
Last Post: Solin
  Settlement for future medical questions Allboys 2 2,966 01-28-2018, 10:24 PM
Last Post: Allboys
  Future Medical Question thx4thefreckles 3 3,096 12-16-2016, 12:38 PM
Last Post: 1171
  Future medical issues Animatedbreak84 10 8,446 10-05-2016, 06:28 PM
Last Post: California_Help
  W C Payout Jake Ounce 4 2,452 09-09-2016, 11:33 AM
Last Post: 1171
  future medical gouge666eye 4 3,519 05-25-2016, 04:46 PM
Last Post: gouge666eye
  Settling Future Medical for PTSD Shortfuse 4 6,163 04-10-2016, 02:15 AM
Last Post: Shortfuse

Forum Jump:


Browsing: 2 Guest(s)