Reconciling Your Personal Injury Case

You’ve gone through treatment for your personal injury, you might have dealt with PIP or your health insurance in order to get your medical bills paid, you probably hired an attorney to help you with your claim. You’ve either spoken with an insurance adjuster or your attorney regarding a settlement offer, which you’ve gladly accepted. But then what happens once the settlement check comes in? That’s when you’ll have to start paying back any PIP, health insurance, liens, or outstanding balances for the treatment you received.

Why Do I Have to Repay Insurance for a Personal Injury?

If you sustained an injury and did not seek compensation, it’s true that you do not have to pay back your health insurance or PIP if either of those paid for your treatment (you would still be responsible for any balances). However, when you sue an insurance company seeking compensation for medical bills, lost wages, and pain and suffering, you will have to repay your health insurance and/or PIP if they paid for any of your treatment.

This is because when your health insurance/PIP pays for medical treatment they are essentially loaning you the money until you’ve reached a settlement with a third party. If you did not repay you would be getting free money from the third party. Imagine if someone bought you a dinner and you ate all of it. However, you weren’t pleased with something about it and demand a refund. Instead of giving the refunded money to the person who bought you dinner you keep the money for yourself. That’s not entirely fair, now is it?

Can I Get Reductions in a Personal Injury Case?

You’ll never know until you ask! Most medical providers with balances are keen to reductions, especially if your settlement isn’t enough to cover the full cost. However, negotiating reductions is a learned skill. Personal injury attorneys can work with your providers to ask for reductions on outstanding balances for your medical bills.

As for PIP or health insurance liens, adjusters do not accept reductions. This is where having a personal injury attorney for your case greatly helps. Having an attorney means that PIP and most health insurance liens can be reduced to pay for your share of the attorney fees.

I Have Liens and Outstanding Balances and I Need Help

If you have any questions regarding a personal injury case give The Advocates a call. We’re available 24/7 for a free, no-obligation consultation regarding your personal injury. We’re here to help you every step of the way!