Science has conclusively proven that asbestos is deadly. As such, if you have been diagnosed with mesothelioma due to asbestos exposure, then you may be eligible for compensation through a mesothelioma lawsuit.
A mesothelioma lawsuit can help you secure financial compensation from the negligent asbestos product manufacturer. However, it is crucial to understand that there is no one-size-fits-all formula when it comes to determining the amount of compensation you will be awarded following a successful claim. That having been said, here are three factors that the courts usually take into account to determine what’s fair:
Cost of treatment
Anyone dealing with an aggressive disease like cancer will tell you how expensive medications and other related therapies can be. During a mesothelioma trial, all these expenses — as well as the costs of traveling to and from your medical appointments — are usually factored in the compensation you’re entitled to receive.
Loss of income and/or income potential
Both the patient’s actual lost income and their lost future potential income can be factored into the asbestos claim award. For instance, the court will take note of any missed work due to illness, medical appointments and other matters surrounding your inability to engage in economic activity when making a ruling on your compensation amount.
The progression of your disease
The stage of your mesothelioma, as well as how long you have suffered from the disease, will likely have a significant impact on the amount you will be awarded as compensation. The more severe your condition, the more compensation you may receive.
Mesothelioma is a very expensive disease to treat. Besides the cost of running diagnostic tests, the costs of medication and travel to and from appointments can add up pretty quickly. A mesothelioma claim can help you obtain the money you need for treatment and to provide for your loved ones.