The Financial Impact of a Spinal Cord Injury
MGM Attorneys • September 15, 2022

A spinal cord injury can happen at any time. For example, this can be the result of a motor vehicle accident or slip and fall accident.


Since no two people are the same and since no two spinal cord injuries are identical, there is no way of knowing for sure what the future will bring. Here’s the most important thing to remember: The medical industry has come

a long way in regards to treating spinal cord injury. There is help available today with treatments that weren’t available just a few years ago.


Of course, help does not come for free. In fact, the financial impact of a spinal cord injury can continue to grow with each passing year that you require treatment.


If you or a loved one is faced with long-term treatment for a spinal cord injury, it’s important to understand the average yearly costs. This will give you a better idea of what to expect now and in the future.


The average expenses depend on many factors, including the type of injury, progress made and location. Along with this, lifetime costs attributable to spinal cord injury can also vary based on employment history and education. Due to the fact that the financial impact of a spinal cord injury can reach well into the seven figures, it’s important to plan for the future. This means many things, including seeking compensation for your injury.


For instance, if another party caused an accident that caused your injury, you need to look into the many ways you can receive compensation. This money will come in handy in the future as you seek the best possible treatment.


Source: Christopher & Dana Reeve Foundation, “Costs of living with SCI,” accessed Jan. 12, 2017

Understanding Louisiana’s Medical Review Panel Process
By MGM Attorneys June 30, 2025
Here’s a breakdown of how the process works—and how an experienced Louisiana malpractice attorney can help guide you through it.
Common Surgical Errors That Lead to Malpractice Lawsuits in Louisiana
By MGM Attorneys June 27, 2025
Understanding what qualifies as a surgical error in Louisiana is the first step. Below are some of the most common surgical mistakes that lead to malpractice lawsuits.
When Is It Time to File a Malpractice Suit in Louisiana
By MGM Attorneys May 31, 2025
When it comes to medical malpractice in Louisiana, timing isn't just important — it can determine whether or not you have a case at all. Louisiana law imposes a narrow window for filing a claim, making early action absolutely essential.
More Posts