Understanding Medical Payment Coverage (Medpay)
Being involved in a motor vehicle accident can be a stressful and scary experience. Most people will go through their lives without ever being involved in a motor vehicle accident but unfortunately, that cannot be said for everyone. If and when you are involved in a car accident, medical bills can begin to pile up and it is quite possible you will be unable to work due to your injuries. The combination of lost wages and expensive medical bills can lead to elevated feelings of stress and anxiety. It is important for you to know what insurance coverage you have available to help you through this difficult time in your life. Today I would like to discuss one part of your insurance coverage that can help ease the stress while treating for your injuries due to a motor vehicle accident.
Medical Payment Coverage, or Medpay, is optional coverage that you can purchase as part of your car insurance coverage. MedPay pays for the treatment of injuries you or your passengers suffer in a car accident, no matter who caused the accident. It also pays the medical bills if you or one of your family members is hit by a car while as a pedestrian or riding in someone else’s vehicle. These bills can include the cost of an ambulance, co-pays and deductibles, x-rays, or even the cost of funeral services if the accident is fatal. Medpay does not cover your lost wages, cost of childcare if you have physical limitations due to your accident, treatment for injuries to other drivers if you are responsible for the accident, or any treatment for injuries not related to the motor vehicle accident.
Most people have Medpay coverage of $10,000.00 or less. There is no correct number to have for Medpay coverage, as each individual will have their own separate set of circumstances that would determine the amount of Medpay coverage would be right for them. Things to consider when purchasing Medpay coverage are your health insurance coverage. Your health insurance may have gaps in coverage or very high deductibles. Medpay can assist in covering the cost of co-pays for any medical treatment you may need due to the motor vehicle accident. You should choose your Medpay coverage based on your health insurance and your personal financial situation. If sudden and unexpected medical bills are something that you may not be able to afford, it may be wise to consider having a higher amount available for your Medpay coverage.
Medpay can be your primary coverage after an accident or secondary to your health insurance. If the Medpay is being used as the primary coverage for your treatment you would pay your medical bills upfront and ask your MedPay carrier for reimbursement for the money you used to pay for your medical treatment. You won’t have to pay for deductibles or copays, which are typically associated with health insurance. If your MedPay is considered secondary coverage, then your health insurer would pay for the majority of your medical bills. You could use MedPay to cover your deductibles or copays associated with treatment from the motor vehicle accident.
Medpay is relatively inexpensive and can help you or one of your family members through a very trying and difficult time. If you do not currently have Medpay as part of your insurance coverage, it could be something you consider as an added layer of protection for you and your family in case any of you are involved in a motor vehicle accident.
If you or someone you know has suffered from a car accident at the hands of another, contact the team of experienced personal injury attorneys at Rob Levine & Associates. We will help you assess your damages and receive the compensation you deserve!