Medical Payments insurance, commonly referred to as MedPay coverage, is designed to pay for medical expenses incurred as a result of injuries sustained in an auto accident.
This coverage is available through most auto insurance providers and pays out for auto accident-related injuries regardless of who was at fault, up to the policy limit that you selected.
Who is covered under MedPay?
MedPay covers you and your passengers if you’re in an accident in your own vehicle; it may also cover you if you are hit by a car while walking, riding in another person’s vehicle, and more.
In general, if you are in an accident that involves a vehicle and you have MedPay insurance coverage, then your MedPay coverage should kick in, up to the coverage amount that you paid for.
For example:
You were injured in an accident, which was your fault.
Your medical bills totaled $5,000.
You have MedPay coverage of $5,000.
In this case, MedPay should pay all of your accident-related medical bills.
Is MedPay coverage expensive?
Compared to health insurance, for which many families pay thousands per year, MedPay coverage is relatively cheap. While MedPay is in no way a substitute for health insurance, the price tag is well worth it if you or your passengers wind up in an accident.
While health insurance often requires copays or coinsurance, MedPay is designed to cover the entire amount, up to the amount of coverage that you selected.
What is a Reimbursement Provision?
Like most things in the insurance realm, you’ll want to pay close attention to the fine print of your policy as, in some cases, you may be required to reimburse your insurance carrier if your MedPay insurance carrier pays for your medical bills.
If you are at fault for the accident and, therefore, do not submit an insurance claim against the other driver involved, then you should not have to pay back your carrier. If you are not at fault and do pursue a claim against the driver who was at fault, you may be required to pay back your insurance provider out of any settlement or award amount.
It’s important to consult with a car accident attorney as soon as possible following an accident, so that you can understand how to best proceed. Call or text Baskerville Law at (505) 247-2774 for a free consultation on your case.