The Financial Costs of a TBI Injury

Posted on March 2, 2015 by Dan Christensen

Recently, Ben Woolf, who starred in “American Horror Story: Freak Show”, died from a head injury when he was hit in the head by a car side mirror. He was rushed to a hospital in critical condition, but he did not survive.

Traumatic brain injuries (TBIs) are a leading cause of death, but they are also one of the most financially costly injuries for those who do survive TBI accidents.

The Cost of a Traumatic Brain Injury

According to the Centers of Disease Control and Prevention (CDC), about 230,000 people are hospitalized and survive accidents that lead to a TBI. Many of these survivors must deal with permanent disabilities from emotional, cognitive, motor and sensory impairments.

The lifetime costs of living with a TBI can range from about $85,000 to over $3 million, according to the CDC. Research in the Journal of Trauma Injury, Infection and Critical Care estimates that the average cost for one day of hospitalization is $5,650. The Rand Corporation adds that the annual cost of a TBI can range from $27,000 to over $408,520, depending on the severity of the TBI.

When you consider the daily costs of hospitalization and the lost earnings, you can figure that many American families cannot afford both hospital care and monthly bills.

How Can I Afford Hospital Costs If I Am Waiting for a Case to Settle?

Fortunately for victims of personal injuries and their families, Beacon Legal Funding can help. We are able to provide plaintiffs in a personal injury case with as much as $50,000 in cash so that they can afford hospital costs and pay their bills while they wait for their case to settle.

Beacon is a full-service legal finance company that provides funding solutions for plaintiffs and attorneys of personal injury victims.

Beacon Legal Funding – Providing Funding Solutions


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