Whether you’re not feeling well or simply want to be sure that you’re healthy, you rely on doctors to make accurate assessments, diagnose you accordingly, and put an effective treatment plan in place. This confidence in medical professionals means that you literally put your life in their hands when you seek out treatment. Unfortunately, mistakes by medical professionals happen, whether through negligence or a mistake, and in those instances, a lawsuit for misdiagnosis may be patients’ only relief.
When a medical misdiagnosis occurs, the end result can be tragic in some cases. You may not receive the proper treatment, and as a result, your condition may worsen. In other cases, you may receive a diagnosis for the wrong condition, and receive an entirely different treatment plan from the one that’s truly needed. In many misdiagnosis cases, you may end up suffering adverse conditions — and a misdiagnosis can also be fatal.
You may seek out misdiagnosis lawsuit settlements to cover essential expenses, but the process can be lengthy. In those instances, pre-settlement funding from US Claims can help by taking a portion of the financial burden off your shoulders.
Commonly Misdiagnosed Conditions
According to a report by the Agency for Healthcare Research and Quality[1], a staggering 7.4 million patients receive a misdiagnosis each year. While medical professionals can misdiagnose just about any condition, the AARP also reports the following[2] as some of the most commonly misdiagnosed medical conditions and illnesses:
- Lupus the association also reports the following
- Parkinson’s disease
- Fibromyalgia
- Lyme disease
- Multiple sclerosis
- Celiac disease
- Chronic fatigue syndrome
Aside from misdiagnosed conditions, some specific symptoms are commonly misdiagnosed. These include cough, shortness of breath, and abdominal pain, which when misdiagnosed, may turn out to be more serious conditions. Misdiagnosis may result from a number of reasons, such as medical professionals misinterpreting test results and neglecting to order the right diagnostic tests in order to make a completely accurate diagnosis.
Although there’s never a surefire way to prevent misdiagnosis, a second opinion can help, and it may even be lifesaving. Unfortunately for many patients, medical professionals only realize they’ve made a misdiagnosis once it’s too late, usually because the patient’s condition worsens. This type of medical error may even end up costing a patient his or her life, leading to a wrongful death lawsuit.
Pre-Settlement Funding for Misdiagnosis Lawsuits
While you wait for a misdiagnosis lawsuit settlement, you can turn to pre-settlement funding to reduce potential financial struggles during the process. Also known as a lawsuit advance, pre-settlement funding provides access to a portion of the funds you expect from the lawsuit settlement.
How Pre-Settlement Funding Can Help
Pre-settlement funding for misdiagnosis lawsuit settlements can help you in a variety of ways. These include:
- Reduces financial worries: When illness or accidents occur that hospitalize workers, it’s bad enough. But when those visits make things worse, families have to worry not only about paying medical bills, but also about paying bills in the future.
- Provides additional income: Replacement income for the person involved in the lawsuit for misdiagnosis is another big reason to choose pre-settlement funding. Additionally, it can shore up funds for others who need to take the plaintiff to medical visits or care for them if they’re incapacitated.
- Supports bigger settlements: Many times, plaintiffs desperate for money take the first settlement offered by the doctor, hospital, or clinic. With pre-settlement funding from US Claims on their side, however, plaintiffs can wait to get the misdiagnosis lawsuit settlements they actually deserve.
What is pre-settlement funding for a misdiagnosis lawsuit?
Pre-settlement funding for a misdiagnosis lawsuit is a way for you to receive a portion of your expected settlement while you wait for the resolution of your lawsuit. We’ll provide you with upfront cash based on the expected settlement amount. Once the court settles the case or awards damages, we’ll work with your attorney to get our portion of the funds back while you receive the remaining amount of the funds.
Keep in mind that a pre-funding arrangement for a misdiagnosis lawsuit is nonrecourse, which means that you won’t have to pay us anything if you don’t win or settle your case.
The pre-funding of misdiagnosis lawsuit settlements often helps meet basic financial needs while you wait for a decision. While banks and credit unions might lend to someone with a good credit score, we require no credit checks and may be a better choice for those who don’t have credit histories or have bad credit.
How long does it take for you to get approved for pre-settlement funding for your misdiagnosis case?
The timeline for the pre-funding of misdiagnosis lawsuit settlements depends on the litigation in question. Simple cases with clear-cut outcomes typically receive funding faster than more complex litigation.
However, there are fast turnaround times when applicants provide all the information that is requested of them, including their attorney information. Once our representatives have reviewed, verified, and approved the request for funding, we send a purchase agreement. We will typically deliver the funding within 24 business-hours after we receive the signed agreement.
What are the requirements for pre-settlement funding for your lawsuit related to misdiagnosis?
When you need pre-funding for misdiagnosis lawsuit settlements, you must generally meet a few requirements. Notably, your case must:
- Be in the hands of an attorney working on a contingency basis.
- Be a type of lawsuit that USClaims handles.
- You must have compensable injuries or damages and a case with strong merits against the medical professionals you’re suing.
How Much Money Can You Get Through Pre-Settlement Funding for Your Misdiagnosis Lawsuit?
The amount of money you can get via pre-settlement funding of a misdiagnosis lawsuit varies by case and jurisdiction. For example, minor issues caused by misdiagnosis may only cover out-of-pocket expenses, while those that cause short-term disability may pay plaintiffs between $10,000 and $100,000. In cases where severe medical misdiagnosis occurs, payouts can run over $1,000,000. Keep in mind, however, that we only pay a percentage of the expected payout.
Likewise, we implement a fee cap to keep costs associated with pre-funding misdiagnosis lawsuit settlements ethical and above board. With some of the lowest rates in the pre-settlement funding industry, we help our clients by providing upfront pricing on our services with no surprise charges.
USClaims offers pre-settlement funding for qualified cases. Find out how we can help you by calling 1-877-USCLAIMS today.
FAQ
How long does it typically take for you to receive pre-settlement funding for your misdiagnosis lawsuit?
Upon approval of your application and receipt of a signed agreement, you can receive your pre-settlement funding in as little as 24 hours.
Sources
- “Diagnostic Errors in the Emergency Department: A Systematic Review.” Effectivehealthcare.ahrq.gov, effectivehealthcare.ahrq.gov/products/diagnostic-errors-emergency/research#field_report_title_1.
- Fischer, Mary A. “Commonly Misdiagnosed Illnesses – Check Medical Symptoms, Medical Tests.” AARP, July 2011, www.aarp.org/health/conditions-treatments/info-06-2011/commonly-misdiagnosed-illnesses.html.
