Do I Have To Pay Back My Insurance?
After a car accident, you should get a settlement check to cover your damages if all goes well. A common question we come across is if you have to pay back your insurance for treating you. The short answer is: yes, anyone who pays for your treatment is entitled to be paid back from out of your settlement. If you have further questions for us, contact Springs Law Group today.
Continue reading this guide to learn about paying back your insurance out of your car accident settlement:
Do I have to pay my health insurance company back out of my settlement?
I’m Jake Kimble. I’m one of the owners of Springs Law Group. And I want to talk to you about your health insurance company’s ability to collect out of your settlement.
So when I say health insurance company, I want you to understand I’m also including in this Medicaid, Medicare, the VA, and any of the other government assistance programs—anyone who pays for your treatment related to the auto accident is entitled to be repaid.
So there are several laws that apply here: you have laws on the federal and state levels, which is too much to get into here. But what I want you to understand is that anyone who pays for your treatment related to the accident is entitled to be paid back. They can be paid back either by contract with you so that you can look in your plan documents or by statute.
Your insurance company, whoever you have a plan with, will make a claim. And if you have an attorney, like what we do: we communicate directly with your health insurance company to find out what that amount is and how much they say is owed. We will review it because we don’t always take their word for it. We want to ensure that everything they’re claiming is related to this auto accident before we pay it.
Then sometimes, there will also be a negotiation phase where we try to get them to lower it, which will depend a lot on what state or federal law applies. But yes, they are entitled to be paid back out of the settlement, and the amount will vary depending on who paid what.
To recap, anyone who pays for your medical treatment related to the car accident is entitled to be paid back. At Springs Law Group, we’ll help you review the companies’ claims, so they don’t take more than what you owe them. If you have further questions or need help with a car accident claim in Colorado Springs, Colorado, contact Springs Law Group today.
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