Landmark formula for compensation by Supreme Court. (70 - age) x annual income + 30% for inflation - 1/3 for expenses. Hence if a 35-year-old person dies due to medical negligence and has a monthly income of 2 lakhs (70-35) x 24lakhs = 8.4 crores. Add 30% =10.92 cr - 1/3 for expenses he would have incurred if he was alive = 7.28 crores. Add mental anguish to the family and litigation costs.
So about 8 - 9 crores. If income is 5 lakhs per month, compensation will be over 20 crores. Hence during History Taking do not forget to ask monthly income to determine whether you can afford the patient. There was a time when patients asked before hospitalization about approx costs. Now the doctor should determine whether he can afford the patient.
