According to the Christopher & Dana Reeve Foundation, the financial implications of a spinal cord injury are staggering. Depending on the age you suffered the injury, you could require a significant amount of money to adequately provide the care you need.
For someone with high quadriplegia, they would require at least $1.1 million in the first year alone. Estimated lifetime costs for a 25-year-old who suffers quadriplegia are as high as $5 million. This estimate does not include any indirect costs, such as lost wages or benefits. Studies estimate indirect costs at around $72,000 a year.
Individuals who suffer paraplegia may require less money to obtain the care they need. Paraplegia costs can soar up to $518,000 in the first year alone. Estimated lifetime costs for a 25-year-old with paraplegia is at least $2.3 million.