Terri Schiavo and Medicare II


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Terri Schiavo and Medicare II
03.26.05 (11:11 am)   [edit]
For an excellent summary of the money trail in the Terri Schiavo case please see "Terri's money used to pay for starvation death" on WND here.

A few excerpts:

"In April 1993, Terri's money was valued at $776,254. According to a financial planner, it's been estimated that if the principle had not been touched, the fund during the mid- to late 1990s would have grown and at the same time generated an annual income of at least $70,000. This would easily have paid for her care in the finest nursing home in Florida, including rehabilitation."

"No reason was given as to why the local hospice was to be brought into the action, but that became obvious in April 2000 when Schiavo and Felos had Terri removed surreptitiously and without prior court approval from the nursing home where she'd lived since 1994 and relocated at the Woodside Hospice, a facility of the Hospice of the Florida Suncoast, of which Felos had been a board member since 1996 ­ a fact he did not disclose."

"Every minute, every hour the clock was ticking on Terri and the tab was growing exponentially. The principle of her estate was being depleted quicker than it could generate revenue. But with the financial report closed to the parents, the Schindlers had no idea how much was being spent.

"After the trial [in year 2000], Felos billed on a more regular basis every few months, with a particularly large invoice for the two months following the trial, much of it for "dealing with the media.""

"In June 2000, Felos billed $11,700 for attorney time for the two-month period from Jan. 28 to Mar. 28, with many of the items being essentially damage control measures. These include hours spent with Schiavo doing media interviews, "calls to and from client regarding how to obtain balanced media coverage, media interviews," "numerous calls to and from media representatives and interviews", a call from Schiavo regarding radio talk show and libel issues," and so on."

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