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Future care estimation for reserve setting
A Cost Projection provides an estimation of future care costs where medical issues are well defined, prognosis is clear, and a comprehensive life care plan is not required.
This report type is particularly valuable when counsel needs a reliable future care cost estimate without the scope and timeline of a full life care plan. It is grounded in a standardized methodology and prepared by the same Certified Life Care Planners who produce our comprehensive reports.
CBA is one of the first firms in Canada certified in the Cost Projection methodology by the International Commission on Health Care Certification (ICHCC), ensuring our approach meets the highest international standards for this report type.
Commonly used in these scenarios
A Cost Projection is the right report type when the clinical picture is clear and the matter calls for focused, efficient quantification.
Non-catastrophic injuries
Soft tissue injuries, fractures, chronic pain, and other injuries with well-defined treatment pathways and predictable prognosis.
Less complex disputes
Matters where future care needs are limited in scope, the medical issues are clearly documented, and an estimation will serve counsel's needs.
Reserve setting
Insurers and defence counsel requiring a reliable cost estimate for claim reserve purposes, where a full life care plan would exceed what the matter requires.
Early resolution
Pre-litigation settlements, mediation preparation, and matters where both parties seek to resolve future care damages efficiently and without the timeline of a comprehensive plan.
Not sure whether your matter calls for a cost projection or a full life care plan? We can help you determine the right approach.
Streamlined, rigorous, and efficient
Our 5-step process delivers a clear and reliable cost estimate through a focused methodology. The same clinical standards as our comprehensive plans, in a condensed format.
Virtual interview
A Certified Life Care Planner conducts a focused virtual interview with the individual to understand their functional limitations, current treatment, and the practical impact of their injury on daily life. The virtual format allows for efficient scheduling without compromising the quality of clinical assessment.
Focused documentation review
Relevant medical records, diagnostic reports, and treatment notes are reviewed with a targeted lens, focusing on the specific areas of injury and the documented treatment trajectory. This efficient review ensures the report is grounded in clinical evidence without the exhaustive scope of a comprehensive plan.
Identification of future care needs
Based on the interview and documentation review, the planner identifies the specific future care needs arising from the injury, medical treatment, rehabilitation, equipment, and support services, within the defined scope of the matter.
Application of standardized costing methodology
Each identified need is costed using the ICHCC-certified Cost Projection methodology and recognized costing sources. This standardized approach ensures consistency, transparency, and methodological rigour across all cost estimates.
Abbreviated report preparation
The final report is prepared in a condensed format that clearly presents the identified care needs and associated cost projections. The report is suitable for use in settlement discussions but is not appropriate for trial.
Cases where this report is essential
Cost Projection
Focused estimation for matters with defined medical issues and clear prognosis.
VS
Comprehensive Life Care Plan
In-depth, lifetime assessment for catastrophic or medically complex cases.
Advantages of the focused format
Faster turnaround
A streamlined process means shorter timelines from engagement to report delivery, supporting matters that need efficient resolution.
Flat-fee pricing
Offered on a flat-fee basis, providing cost certainty for counsel managing disbursement budgets throughout the litigation process.
ICHCC certified
CBA is the first firm in Canada certified in this methodology by the International Commission on Health Care Certification.
Same certified planners
Prepared by the same Certified Life Care Planners who produce our comprehensive reports, no compromise on expertise or qualification.
Clinically grounded
Every recommendation is supported by medical documentation and clinical evidence, using recognized costing sources and transparent methodology.
Litigation support
The report is structured for use in settlement discussions, mediation, and negotiations.
Frequently Asked Questions
How do I know if a cost projection is right for my matter?
A Cost Projection is appropriate when medical issues are well defined, prognosis is clear, and damages are not considered significant. Typical scenarios include non-catastrophic injuries, reserve setting, and early resolution. If there is uncertainty, our team can assist in determining the appropriate report type during an initial consultation, with no obligation.
What does ICHCC certification mean?
How long does a cost projection take?
What are the engagement terms for a Cost Projection?
Can I upgrade from a cost projection to a full life care plan?
Let's Work Together
Contact us for a free consultation, we can advise you if a referral is appropriate.
Phone
Toll Free: 1-866-314-7335
Phone: 905-882-6947
Fax: 905-882-9986
info@cbafuturecare.com
Office
95 Mural St #600
Richmond Hill, ON L4B 3G2