Fourth step to take after a vehicle accident - Use the right insurance

Kyle Wright
6/15/21 10:06 AM
Tags: Personal Injury

Now that the dust from the accident has settled, the focus turns to get the proper medical treatment. Nobody should ever be so concerned about their future insurance claim that they prioritize "making a good case" ahead of getting the appropriate medical treatment. When we meet with prospective clients that are more concerned about the value of their case rather than treating their injuries, it is a red flag for us. Your number one concern should be: "get better!"

That said, you can do a few administrative things to help your attorney obtain a better settlement or verdict for you when the time comes. The biggest one is that when you seek initial medical treatment (typically in a local ER), they will question your car insurance carrier. It will be one of the first things an intake coordinator asks you, and that's no coincidence. The reason is, the medical providers want to get paid for the medical services they provide to you. Most health insurers have contractual agreements with various providers that allow specific procedures to be billed at discounted rates. These contractual write-offs are between providers and health insurers, not car insurers.

So, what does it all mean?

Well, it means that if you have Med Pay coverage through your car insurance (we have a blog on insurance coverage tips here), the $3,000 MRI you just received will be paid from your auto insurance carrier to the hospital in total.

If you run the same procedure through your health insurer, the breakdown might look like the following:

Use the right insurance

Cost of procedure:

  • $3,000

Contractual Write-off with Health Insurance Company and your provider:

  • $1,200

Co-Pay:

  • $200

Remaining balance covered by Health Insurer:

  • $1,600

Now you will have to pay your health insurer back, just as you will have to pay back your auto insurer, but the difference is you're only paying back $1,600 out of your settlement proceeds rather than the total $3,000 if you were to use your Med Pay coverage through your auto carrier.

Check out our comprehensive guide to Personal Injury!

Guide me through Personal Injury!

Maybe you have already been in an accident and already went through these steps. That is okay, and we are here to help you. Maybe you haven't been in an accident and are just wanting to prepare for that unfortunate scenario, check out our last blog on how you should be thorough in reporting after an accident If you have been injured in an accident and have questions, don’t hesitate to reach out to us. Call our office today if you would like to speak to one of our attorneys.

This article is a part of a series! You can find the next step here!




Author: Kyle Wright     Published: 6/15/21 10:06 AM     Tags: Personal Injury


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