HOW TO MAXIMIZE YOUR INJURY SETTLEMENT

If you’re a personal injury attorney, or a client who had a personal injury claim, you know all too well that insurers routinely low ball their personal injury settlement offers.?In many case, insurers even skirt the law to do so.

??That said, a lot of the blame actually goes to the attorneys, doctors and clients.?Money is being left on the table, because many lawyers and doctors are unaware of what factors are being overlooked, and how to translate these factors into a higher dollar amount settlement offer.

??Injury claims require more than just medical diagnoses.?They require an economic outlook to decide the dollar value of the injury.?More than the standard measures are needed.?A comprehensive analysis including telehealth inventories can discover elements not normally included by doctors or lawyers, calculating crucial economic losses that may otherwise go undetected.

??A thorough Injury and Impact Analysis Report- a medical/economic audit- can raise claim valuations significantly.

Among the factors raising injury claim valuation:

·??????Economists’ Calculations

·??????Medical Inventory Assessment

·??????Lost Services across 8 categories

·??????Emotional Distress & Cognitive Disorders

·??????Loss of Function Scale

·??????Impairment Rating in table format

·??????True Pain and Suffering, past and future

·??????Independent Medical Valuation – Nexis Letter

??These factors add substantial valuation when translated into projected compensatory damages for recovery, especially for soft tissue claims, which comprise the majority of personal injury claims.?Without this information, money gets left on the table, short-changing injured plaintiffs.?

??Why do two similar accident settlements lead to drastically different valuations and settlement offers??Decision Points!

??There are over 67,000 decision points used by insurance companies to decide the value of a settlement offer, including 28 non-economic markers alone.?Insurers use a decision point-to-dollar translation formula, fed into a software analyzing algorithm.?Most personal injury claims do nothing to counteract this system.?In many areas of the claim, insurance carriers actually have set cash reserves.?For instance, the most common injuries from personal injury accidents are ligament and soft tissue damage, otherwise known as Alterations Of Spinal Motion Integrity (AOMSI).?Including flexion/extension x-rays can increase a claim settlement by adding in the cash reserves of soft tissue injuries.?

What is the solution to this problem??Optimized proprietary software.

??Proprietary software at Settlemax uses advanced artificial intelligence algorithms to incorporate all the decision points and non-economic markers, in an industry-accepted format, so that there is no room for dispute when negotiating with the insurance carrier.?

??By incorporating not only the plaintiff’s reported injuries, but also the medical reports, flexion/extension x-rays and plaintiff-completed online inventories, a much higher injury valuation can be made, leading to a much higher settlement offer, and happier clients.?

??The Injury Impact Analysis Report audit includes Whole Person Impairment Rating (95% of all doctors do not perform impairment ratings), and also includes Independent Medical Valuation from a Medical Doctor.?The result is that, in ten years, not a single Settlemax audit has led to going to either deposition or trial.?

??Rather than settling for undervalued, unfair injury claim offers, using the Settlemax system- which Westlaw and LexisNexis call the best audit software they’ve ever seen- levels the playing field, so that no money is left on the table, and clients get the settlements they deserve.

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Dr. David Drier is a chiropractor, medical audit specialist and clinical financial auditor, committed to helping attorneys and clients get the best settlements possible.?Dr. Drier can be reached at [email protected] or https://www.settlemax.info/directory/daviddrier/