A hip fracture can be much more severe in an older adult than in someone young. Approximately 20% of elderly individuals succumb to complications within a year following a hip fracture and pass away, making proper medical attention nothing less than essential.
Not only do hip fractures compromise physical health, but they also lead to overwhelming financial burdens. Knowing about the potential costs helps you understand the compensation you are entitled to if a car accident, slip and fall or other negligent act caused the fracture.
Medical expenses
With the emergency room visit, potential hospital stay and complicated treatment procedures, the immediate costs add up quickly. For instance, the cost of just a minor hip surgery (arthroscopy) can cost $5,000 to $10,000.
Typically, older patients requiring major hip surgery face extensive rehabilitation in the aftermath. That adds to the overall medical expenses.
Long-term care
Beyond initial treatment, long-term care in the home or a nursing facility may be necessary. In-home care services can be very costly on an hourly basis. For those requiring more intensive care in a dedicated facility, annual expenses can be substantial.
Indirect expenses
Hip fractures also lead to indirect costs, such as lost income for the patient and their family caregivers. Relatives often need to take time off work to provide care, leading to more lost wages. Home modifications, like installing ramps and grab bars, can add to the financial burden.
When someone else caused your hip injury, you may qualify for substantial compensation under Georgia’s negligence laws, potentially improving your treatment prospects. Seek legal support to explore all possible compensation options.