Do you have to pay back your medical insurance company if the injuries for which you had those payments are related to a personal injury claim? The answer? Maybe. If your claim is against someone else and your medical insurance covered your injuries in a personal injury claim, your insurance company may be entitled to some of the financial recoveries that you gained during the personal injury claim. In this FAQ, we’re going to discuss when your insurance may be entitled to parts of your recovery.
If you’ve been in an accident, were hurt, and now your insurance company is requiring either additional payments from you, or they want you to sign off some of your recoveries to them, call our Personal Injury Lawyer in St. Louis. We can guide you through your claim to make sure that you get every $$ of what you are owed. If you have any questions about your claim, or you just want to see how a lawyer can help you, give us a call as well. We don’t charge any fees for our consultations, and we never charge any fees unless we win your claim.
Do you have to Pay Back insurance after an Injury?
Personal Injury Lawyer St. Louis
So how is this figured? If it’s a local plan with one state, typically you don’t have to pay, but if it’s a multi-state company, they can take out a lien on your settlement and try to recover some of the funds they lost paying your health care. So with this in mind, what can you do to reduce the amount that your insurance may be entitled to? This is where an experienced lawyer comes in handy.
In any settlement involving personal injury, your most likely going to have medical costs, and your insurance is initially going to pay your medical costs. So how do you convince the insurance company to accept less than what they are owed?
First, have your lawyer speak with the insurance company and require that the insurance reduce their liens by 1/3 due to having a free lawyer collect the fees for them.
Second, if it was a hard liability case, you can also ask the insurance to reduce the lien to an amount that was required from a similar claim that had similar injuries and needed medical expenses.
Third, if there is a cap on insurance, and your injuries require more than the settlement, you can also ask for the lien to be reduced.
If these steps seem like they may be complex and require expert knowledge of the insurance system, it’s because they do. The average person will not know how to reduce their liens, or how to haggle with the insurance company. This is where a lawyer is extremely useful.
Call our Personal Injury Lawyer in St. Louis Today
Whenever you are injured, and someone else is at fault, it’s always best to speak with a lawyer. Dealing with the other party, the insurance companies, and making sure you get the care and recovery you are owed can be a nightmare to achieve by yourself. Our Personal Injury Lawyers in St. Louis have decades of experience in fighting for the rights and recoveries of our clients and we can do the same for you. We never charge any fees for our consultations, and we don’t charge any lawyers fees unless we win your claim. Call our office at 314-648-8348 or 618-297-4777 to see how we can help you.