The average medical malpractice settlement varies based on your economic and non-economic losses. A personal injury lawyer may help you seek the most damages possible from a negligent healthcare provider. They may also work with you to request a medical malpractice lawsuit loan that gives you money you can use to cover your bills until your case is resolved.
Silver Dollar Financial is a lending company focused on meeting the needs of clients waiting on settlements in personal injury cases. Our team can discuss our legal funding options with you and help you get a pre-settlement loan in as little as 24 hours. For more information, reach out to us.
Medical Malpractice Cost
A patient may allege medical malpractice if a healthcare provider does not provide them with adequate care. In this situation, the provider puts the patient’s health and well-being in danger. The patient may request damages to cover various losses they incur relating to the provider’s actions, such as:
- Emotional trauma
- Lost wages
- Medical bills
- Pain and suffering
An attorney can help you calculate your losses so you can request a reasonable amount of damages from a liable party. On top of that, they may help you pursue a legal loan from Silver Dollar Financial. To find out more, get in touch with us.
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How to Calculate Your Medical Malpractice Losses
Your attorney may consider your rehabilitation costs, loss of earnings, and other damages. They may also account for the emotional and mental toll your injury may have on you and your family. From here, they may determine how much your malpractice case may be worth and help you pursue damages.
What you request in a malpractice lawsuit may not be what you ultimately receive in compensation. If a liable party or their insurer offers a settlement, you have the opportunity to accept, reject, or counter it. You are not legally obligated to review this proposal, but you may want to do so with your lawyer so you can fully understand its pros and cons.
You should not approve a settlement unless it gives you a sufficient amount of compensation since doing so may force you to pay some or most of your malpractice-related losses out of your own pocket. Alternatively, you and your attorney can pursue your case to the fullest extent. In addition, you may be eligible for several types of funding based on your projected settlement amount.
What It Takes to Get a Medical Malpractice Settlement
You may receive a settlement offer just days after you submit a claim, but it may not be in your best interests to accept this proposal. For example, a liable party or their insurer may offer far less than what your case is actually worth in the hopes you will approve the proposal and close your case. You do not have to accept the offer — because if you do, you may suffer the consequences of your decision for many years to come.
By accepting a lowball settlement offer, you leave money on the table. You may wind up spending your own money on medical treatments and other malpractice-related expenses. Also, you may be forced to forgo certain treatments since you may not be able to afford them.
To receive a malpractice settlement that meets your expectations, it may be beneficial to work with a lawyer. You and your attorney can build a body of evidence that makes it clear to a judge or jury that you deserve the damages you are requesting. Plus, your lawyer may help you get a non-recourse loan, which gives you money to help you out for the duration of your litigation.
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How to Maximize Your Medical Malpractice Settlement
Proof may play a key role in your malpractice case. You may use medical records and other evidence to support your request for damages. Each piece of evidence you have may help you show that a healthcare provider was negligent and put you at risk.
To show a healthcare practitioner was negligent, you must prove they had a duty of care toward you. This duty refers to a legal obligation to provide care and support in alignment with a predetermined standard. Along with this, you must verify that the liable party violated their obligation, which caused you to suffer an injury and incur quantifiable or subjective losses.
Your attorney will work with you to explore ways to gather proof and build a compelling argument. They can also explain how you can get money from a pending lawsuit. If you have financial concerns as you move forward with your litigation, your lawyer may be able to help you request a legal loan.
Apply Now for Pre-Settlement Funding
Negotiating a Medical Malpractice Settlement
The time it takes to settle a lawsuit can be significant. Your lawyer may handle malpractice settlement negotiations on your behalf. They will protect your legal rights, advocate for you, and represent your best interests throughout these negotiations.
The defendant in your malpractice case may be inclined to make a fair settlement offer if you have an abundance of evidence to support your argument. At this point, the defendant may have concerns about disputing your claims against them. This may lead the defendant to propose a settlement that gives you enough money to cover your losses.
Your lawyer will keep you up to date throughout settlement negotiations and let you know if the defendant makes an offer. If you receive a proposal, you may want to go over it with your attorney and get their insights into it. You make the final decision on an offer, and if you decide to accept it, you may not be eligible to pursue further damages at a later time.
Get a Medical Malpractice Legal Loan
If you are the victim of medical malpractice and in the middle of an injury lawsuit against a healthcare provider, you may be able to get a legal loan. At Silver Dollar Financial, our legal funding specialists can teach you about our pre-settlement funding options. To get started, contact us today.
Call or text +1(844)871-0628 or Apply Now for Pre-Settlement Funding