The Benefits of Med-Pay
Georgia drivers have the option of purchasing Medical Payment insurance coverage. This no-fault claim can be used by the insurance policy holder and any passengers in the car at the time of the accident to help pay for medical bills.
- Why Do I Need It? Medical Payment, or Med-Pay, coverage is not mandatory, but I strongly suggest that everyone carry it. It will pay for medical bills related to your accident injuries. Med-Pay policies usually come in $1,000 or $5,000 increments. Many doctors will even allow themselves to be paid directly by the insurance company if you have a Med-Pay policy.
- Isn’t the At-Fault Party Supposed to Pay? Yes. But the pursuit of an injury claim is a lengthy process that can take months to resolve. And the at-fault party’s insurance company will not pay your medical bills directly. It will only make one payment, at the end of the claim, once a settlement amount has been agreed on. This means that you will be responsible for paying for your medical bills in the meantime.
- If I Have Health Insurance Do I Still Need Med-Pay? Even with health insurance, you still have out of pocket costs. Co-pays and deductibles can become expensive if you are seeking a lot of medical treatment. Med-Pay can help take care of these out of pocket expenses. Remember, Med-Pay covers everyone in your vehicle at the time of the accident, not just you. This coverage can be very beneficial to your passengers as well.
To learn what insurance is a “must-have,” check out Ty’s blog Purchase Insurance Coverage to Protect Yourself.
Ty Wilson is an accident attorney in Atlanta and an accident attorney in Savannah. He dedicates himself to educating the public about Georgia personal injury claims and purchasing car accident insurance in Georgia. Ty encourages anyone who has been injured to FIRST check out the information on his website and to download his FREE books at www.tywilsonlaw.com
Please give Ty a call at 866-937-5454 if you have specific questions that you would like to ask an attorney.