Call Today 303-731-0734
Hochstadt, Straw & Silverman, P.C. Hochstadt, Straw & Silverman, P.C.
Putting Your Needs First

Claims For Medical Payments Coverage

Medical bills are one of the biggest worries for accident injury victims, especially if the incident involved a car crash. To address this concern, the state of Colorado passed a law in 2009 that requires insurance companies to offer a minimum of $5,000 in Medical Payments Coverage, or Med-Pay. The cost of this coverage is about $5 per month, and additional coverage is available for an additional fee.

Because Med-Pay coverage is not mandatory (policyholders may sign a waiver declining the coverage), some motorists are unaware of this valuable resource. The attorneys of the law firm of Hochstadt, Straw & Silverman, P.C., based in Denver, can explain your rights if you have purchased Med-Pay coverage, as well as represent you during settlement negotiations with the insurance company.

How Do Claims For Medical Payments Coverage Work?

If you have purchased Med-Pay coverage for your vehicle, if you are injured in an accident, the following advantages apply:

  • Med-Pay pays for all reasonable medical bills, regardless of who is at fault for the accident.
  • Both injured drivers and other injured occupants of the car are covered by Med-Pay.
  • Med-Pay is separate from the coverage of health insurance policies, so it provides financial assistance to motorists or passengers who lack health insurance.
  • The coverage does not have a "payback clause," so if you reach a settlement with the insurance company later, you do not have to pay the company back for the coverage if you have used it.

What Does Med-Pay Cover?

Some medical bills that can be paid with Med-Pay funds include:

  • Surgery
  • Doctor's visits related to the accident
  • Emergency room treatment
  • Radiology services such as X-rays, MRIs, CAT scans, etc.

Med-Pay funds can reduce the worry of having to find a provider who will treat an injury accident victim and can save the stress of dealing with enormous unpaid medical bills later.

Call 303-731-0734 For A Free Initial Consultation On Insurance Claim Issues

Call us at our Denver office at 303-731-0734 or email us to set up your free initial consultation. Our lawyers represent personal injury clients on a contingency basis, meaning if we cannot obtain compensation for you, you are under no obligation to pay us.

Need A Free Initial Consultation?

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy