With the recent changes to laws regarding health insurance, more Americans have health insurance coverage then ever. When you’re injured in an auto accident in Denton or another type of personal injury incident in Lewisville you typically need a large amount of medical care. When receiving medical care it is customary to provide your health insurance so that you are only responsible for a portion of the bill. There are unique laws that protect health insurance companies in regards to personal injury claims.
How Does Health Insurance Work?
Health insurance companies typically have contracts with specific medical providers which allow for a certain percentage of their bill to be paid, a copayment by the insured, and a contractual write off to a remaining percentage of the bill.
Why Does this Matter?
This is important for many reasons, one being that this dictates how much an insurance company will pay out in turn what they may be eligible to seek in reimbursements. The amount they contractual adjustment is also important because the amount written off can affect the value have any medical damages in your personal injury claim.
What Does this Mean for My Claim?
Simply put, Health insurance companies are protected by law to receive reimbursement for any expensive they pay out in which their insured will receive a recovery or settlement for the same medical treatment. The health insurance company will place a lien on file with the auto insurance company so that they are included in any settlements.
The team of attorneys David S. Kohm and Associates have represented clients in thousands of personal injury claims in Lewisville and surrounding areas. Settling claims that involve Health insurance has become second nature to this staff and we are prepared to help resolve your claim. Call us anytime a 24/7 to set up your free consultation.
