Fair Market Value in Life Care Planning: A Practical Guide

'Fair Market Value in Life Care Planning: A Practical Guide' by Thomas J. Dawson III, JD, MPH, MA, is an essential resource for professionals navigating the complexities of life care planning and healthcare valuation. This guide delves into the concept of Fair Market Value (FMV), providing a thorough understanding of its application in assessing the costs of long-term care for individuals involved in personal injury, medical malpractice, and other legal cases. Drawing on over 30 years of experience, Thomas offers practical insights and step-by-step guidance on accurately determining FMV, ensuring that life care plans are both realistic and legally defensible. The book addresses common challenges, provides tools for effective data analysis, and highlights the importance of aligning valuations with current legal and ethical standards. Whether you are a seasoned professional or new to the field, this guide equips you with the knowledge and tools needed to create fair, accurate, and reliable life care plans. It's a must-have for anyone involved in the intersection of healthcare, law, and economics.

Thomas J. Dawson III, JD, MPH, MA, is a recognized expert in healthcare economics and legal valuation, particularly in life care planning. With over 30 years of experience, Thomas has mastered the complexities of determining the fair market value (FMV) of medical goods and services, establishing himself as a trusted authority in both legal and healthcare circles. Thomas's advanced degrees in law, public health, and philosophy provide him with a unique interdisciplinary perspective that bridges healthcare, law, and ethics. This solid educational foundation allows him to address complex issues such as medical costs, insurance disputes, and the economic impact of healthcare policies. Throughout his career, Thomas has focused on ensuring that individuals requiring long-term care receive the financial support they need. His work on life care plans-essential in personal injury, medical malpractice, and other complex cases-has been instrumental in securing the necessary resources for ongoing medical care, ensuring that these plans are both realistic and defensible in court. As the principal of TD&P Consulting Inc., Thomas leads a team of experts in forensic economics, healthcare valuation, and legal analysis. Under his leadership, TD&P has become a go-to resource for attorneys, insurers, and healthcare providers who require accurate valuations and expert testimony in high-stakes cases. The firm is known for its rigorous approach to determining the reasonable value of medical services, which is critical in litigation and settlement negotiations. Thomas has also been a thought leader in developing innovative tools that clarify healthcare costs in real-time. These tools help professionals and individuals alike plan for future care needs by providing clear insights into the value of these needs based on current economic principles, empowering informed decision-making. In addition to his consulting work, Thomas has significantly impacted federal healthcare policy. He served as healthcare counsel for the House of Representatives during key periods of healthcare reform, including the passage of the Affordable Care Act. His expertise in navigating complex regulatory environments has been crucial in shaping policies that affect the valuation of medical services and the allocation of healthcare resources. A sought-after speaker and author, Thomas shares his insights through reports, articles, and white papers on healthcare economics, legal compliance, and the intersection of law and healthcare. His work has been published in leading industry journals, and he regularly speaks at conferences and seminars, helping shape best practices in life care planning and FMV assessments. Thomas is driven by a commitment to justice and fairness in healthcare. He believes that everyone should have access to quality medical care, and his work ensures that life care plans are accurate, fair, and legally sound. His dedication to this cause has earned him a reputation as a thought leader in the field, with a positive impact on those who rely on life care planning for their long-term healthcare needs. In 'Fair Market Value in Life Care Planning: A Practical Guide,' Thomas draws on his extensive experience to offer a practical and insightful resource. The book is an essential tool for professionals navigating the complexities of FMV in life care planning, providing clear guidance on ensuring valuations are accurate, defensible, and aligned with legal and ethical standards. Whether experienced or new to the field, readers will find this guide invaluable in the evolving world of healthcare valuation.