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Michael Schumacher Condition Latest News Update: Health Costs Rise to $160K Per Month

Michael Schumacher (foreground) is shown skiing prior to his Dec. 29, 2013 accident in the Swiss Alps in this file photo. | (Photo: Reuters/File)

The family of legendary F1 racer Michael Schumacher, also known as Schumi to his global legions of fans, is faced with both good and bad news after he went into a coma that was medically induced. After a skiing accident that Schumacher was involved in on Dec. 29, 2013, the doctors decided to put him in a coma.

First, the good news: Schumacher has been out of coma since June this year. He went home soon after. But to sustain his progress, his wife Corina had a special rehabilitation room set up for his use last September.

Dr. Jean-Francois Payen, who had treated Schumacher for half a year after the skiing accident, was relatively upbeat about the condition of the iconic F1 athlete. Dr. Payen said Schumacher could recover from his brain injuries within one to three years.

It is fortunate that Schumacher is a seven-time Formula One champion because his status has given him fame and fortune, the kind of fortune that is now being used to continue his treatment.

That's where the bad news comes in. The current cost of Schumacher's continued treatment and rehabilitation is estimated to be around £100,000.00 per month, or about US$ 159,078.00 at the current foreign exchange rate.

That's not something to sneeze at. Still, the expense is seen as not just necessary, but rather, extremely vital. For one thing, because he has been bedridden for a long time, Schumacher's limbs showed signs of atrophy for lack of movement. Moreover, his full neurological recovery remains uncertain.

The money being paid out goes to the nutritionists who plan his diet with the goal of optimizing recovery, to the physiotherapists who massage his atrophying limbs with the hope of preventing total muscular degeneration, to the medical doctors and nurses as well as specialists in neurology, aside from other expenses related to his treatment and hoped-for recovery.