One of the main reasons to rely on an experienced personal injury lawyer is the skills necessary for obtaining a fair settlement ─ especially when you suffer from serious injury.
Maximum medical improvement (MMI) is a key term often used in injury cases. Florida statutes define maximum medical improvement in legal language, but the simplest way to explain it is the injured person has reached a point where medical doctors expect no further improvement for a disease or injury, based on reasonable medical standards. In other words, the condition is stable and while slight improvement may occur, significant change is unlikely.
Why is this important? It substantiates whether disability exists as a result of the injury. When determining damages, understanding the extent of a disability helps attorneys calculate:
- Lost future income capacity
- Needs for assistive care
- Costs for remodeling vehicles or homes to accommodate disability
- Continued need for medical prescriptions to deal with pain
Dealing with disability requires a larger amount of compensation than injuries where individuals can recover and get back to their normal lifestyles. Every case is different and there is no set time for how long a patient will take to reach MMI.
In attempts to reduce settlement amounts, insurance companies often try to persuade claimants to settle before they reach MMI. These actions violate bad faith insurance laws. However, individuals who are eager for financial support and who lack a law firm's experience negotiating with insurance companies, typically do not recognize premature settlement offers. Also, it is not easy to know whether the amount being offered is fair. Low settlements can saddle you with uncompensated medical bills and future income loss.
By consulting with Bradenton accident attorneys, you can receive trusted legal guidance, make informed decisions and achieve a favorable outcome.