TIP 4: Using Medical Payments Coverage
Medical payments (MedPay) coverage is part of some people’s car insurance policy. It pays for medical expenses from a car accident regardless of fault. You can think of it as kind of a cheap default health insurance. It is your insurance, not the other at-fault driver’s insurance, that will pay this for you. MedPay coverage is usually for somewhere between $1,000 and $10,000. You will need to review your car insurance policy to see how much you have.
There are a couple of ways to use MedPay coverage to your advantage:
- To Pay For Your Doctor Visits. If you don’t have health insurance, this is a way for you to get access to medical treatment.
- To Pay For Co-Pays & Deductibles. Even if you have health insurance, you can have your doctor (if they agree) run his/her co-pay or deductible charge through your MedPay. This way you are not out-of-pocket any money for medical treatment.
If you have already paid for your medical treatment before reading this, be it the whole bill or a co-pay, you should still try to open a MedPay claim and get your car insurance company to reimburse you for the money spent.
MedPay usually results in more dollars in your pocket. The use of MedPay does not reduce the medical expenses portion of your claim when it comes time to send in your Demand Package. You will claim, and get compensated for, the full face value of your medical bills as if MedPay did not pay for anything. This “breathing room” can be the difference between a good settlement offer and a miserable one. It gives you more room to work in negotiations because it is really “found” money.
There’s More In Inside The ClaimClinic
MedPay is just one type of insurance issue that can be involved in your claim. There are also car insurance issues as well as health insurance issues. ClaimClinic has a whole module dedicated to understanding insurance and how it plays into your claim. You will learn and understand such things as:
- How to work with Personal Injury Protection (PIP), if you are in a state that uses this, so that you get the maximum value out of your claim.
- How you can stack (i.e. add together) multiple policies to increase the amount of money available. This works for MedPay too.
- How to access your underinsured motorist coverage to get you access to more money.
- What to do when adjusters deny coverage
- How your health insurance company may try to get reimbursed from your settlement money and how you can try to stop it.
Maximize Your Claim With ClaimClinic
What Are You Waiting For?
You are now on your 4th day of free tips. By this time the adjuster for the at fault driver has gotten and reviewed a copy of the police report and taken statements. You can’t waste another moment getting your claim positioned for success.
ClaimClinic is chocked full of information on how to handle your own car accident claim. The critical modules that can result in ClaimClinic paying for itself are:
- Documenting Your Claim – adjusters only consider evidence that is documented. If you don’t put forth the right documentation, you won’t get the best offer.
- Dissecting Medical Records – the biggest source of claim data for the adjuster is your medical records. Learn to pull out all the valuable information in your medical records and serve up your claim’s injuries and pain and suffering date to the adjuster.
- Writing Demand Letters – the Demand Letter is the single most important thing you will do in your claim. ClaimClinic will teach you a method to write your Demands, step-by-step, that will give the adjuster all the information in such a way to position your settlement for its highest value.
- Negotiations – learn adjuster tactics and how to respond to their offers.