Why Should I Use My Medical Health Insurance to Pay For My Medical Expenses When the Car Wreck Wasn&
If you're harmed in a truck, car or bike accident because of the neglect of someone else, you would normally assume it is the other person's obligation to cover your medical bills through their automobile insurance policy. The other person triggered the wreck, therefore it simply is sensible that their insurance policy pay you for your medical bills and all other problems you incurred as a result of the car wreck.
The problem is that the other person's insurance provider isn't going to pay any medical expenses while you are still treating. The insurance provider is only going to pay after you have completed all of your medial treatment (and oftentimes they will refuse to pay for certain treatment-which they feel was unnecessary).
You need to obtain medical treatment when possible, when you are hurt in a car wreck. If you have medical health insurance it is a good idea to receive treatment under your health insurance policy. This way your medical bills should be paid up front as you incur them.
You already have a lot to take care of after a car wreck— including missed work, finding and receiving medical treatment and getting your vehicle repaired. It can diminish stress if you can obtain the necessary treatment and not worry about how to afford it or risk the inability to be properly treated because you do not have the up front money to pay for your treatment. You may also avoid being reported for failure to pay on your credit report. This way your credit is preserved and your medical bills are paid at a reduced rate.
Within the long run, you will likely wind up paying less for your medical treatment than were you to pay for your entire medical treatment out of your insurance settlement. Your health insurance carrier can typically negotiate the price charged for health care services and this price is typically a fraction of what you would pay if it were to come straight out of your pocket. Typically you cannot negotiate this much of a reduction on your own.
Whenever treatment is eventually completed and your claim settled, your health insurance company will most likely require reimbursement (it's called subrogation). Which means that the savings can go directly to your settlement proceeds and not to the health care provider bills.
Many people make the mistake of refusing to turn the ambulance bill, the clinic bill as well as the physicians' payments to their own health insurance business. Then when these bills are not timely paid it is reported on the injured person's credit report. The defendant's insurance company does not pay or settle the claim until the injured party is finished treating. Sometimes, once the individual knows that their credit is being adversely affected, they then make an effort to switch the bills over to the health insurance provider but find out it's too late (there's a time restriction to turn in medical expenses, sometimes as short as thirty days).
The problem is that the other person's insurance provider isn't going to pay any medical expenses while you are still treating. The insurance provider is only going to pay after you have completed all of your medial treatment (and oftentimes they will refuse to pay for certain treatment-which they feel was unnecessary).
You need to obtain medical treatment when possible, when you are hurt in a car wreck. If you have medical health insurance it is a good idea to receive treatment under your health insurance policy. This way your medical bills should be paid up front as you incur them.
You already have a lot to take care of after a car wreck— including missed work, finding and receiving medical treatment and getting your vehicle repaired. It can diminish stress if you can obtain the necessary treatment and not worry about how to afford it or risk the inability to be properly treated because you do not have the up front money to pay for your treatment. You may also avoid being reported for failure to pay on your credit report. This way your credit is preserved and your medical bills are paid at a reduced rate.
Within the long run, you will likely wind up paying less for your medical treatment than were you to pay for your entire medical treatment out of your insurance settlement. Your health insurance carrier can typically negotiate the price charged for health care services and this price is typically a fraction of what you would pay if it were to come straight out of your pocket. Typically you cannot negotiate this much of a reduction on your own.
Whenever treatment is eventually completed and your claim settled, your health insurance company will most likely require reimbursement (it's called subrogation). Which means that the savings can go directly to your settlement proceeds and not to the health care provider bills.
Many people make the mistake of refusing to turn the ambulance bill, the clinic bill as well as the physicians' payments to their own health insurance business. Then when these bills are not timely paid it is reported on the injured person's credit report. The defendant's insurance company does not pay or settle the claim until the injured party is finished treating. Sometimes, once the individual knows that their credit is being adversely affected, they then make an effort to switch the bills over to the health insurance provider but find out it's too late (there's a time restriction to turn in medical expenses, sometimes as short as thirty days).
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