Nursing Home Lawsuits: Settlement Data
The Importance of Settlement Data in Nursing Home Lawsuits
Nursing home lawsuits are a common occurrence, with many cases being settled out of court rather than going to trial. This has led to a lack of public information regarding the total expenses incurred by nursing homes and their insurance companies to settle these lawsuits. However, a national study conducted on a sample of lawyers shed some light on this issue.
The study found that a staggering 88 percent of nursing home cases were resolved through settlements. This means that only a small minority of cases actually proceeded to trial. In addition, the study revealed that the average recovery of claims in these settlements was $406,000. This data provides valuable insights into the financial aspects of nursing home litigation.
But what exactly does this information represent? Let's explore the options:
Options:
- A) Litigation expenses
- B) Legal fees
- C) Settlement data
- D) Court judgments