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Mrs. Herlihy-Paoli's Losses
Diminishment in Household Services
. Loss of services in the household is measured by the cost of one hour at
minimum wage rate ($7.80/hour in Montana).
.
Based on the principle of Substitution Cost. Diminishment in household
services requires substitution.
.
Calculation is the present value of one hour per week at $7.80 over the
individual's healthy life expectancy.
The discounted present value of one hour per week of substitution
services at state minimum wage rates over the lesser of Mrs. Herlihy-
Paoli healthy life expectancy or Mr. Paoli's natural life expectancy is
$10,068.
.
Assumes the loss of services will require substitution services at a cost of
minimum wage.
A
Apply to the number of hours per week as determined by the trier of
fact.
ACCUMYN
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P-09870-000020
consulting
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Source: https://www.industrydocuments.ucsf.edu/docs/fkxn0226

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