- If you are injured in a car accident, MedPay will pay for your medical expenses as a driver, passenger or pedestrian.
- It will also cover passengers in your car.
- The policy limit is low, but it can be an affordable addition to your health insurance or PIP coverage.
People injured in car crashes are often responsible for their own medical bills, even if the crash was the fault of the other driver. In these cases, the injured person’s health insurance or Personal Injury Protection Insurance (PIP) will usually pay for it.
However, if your PIP or health insurance coverage is insufficient, medical payment coverage (also known as MedPay) can help cover the extra costs.
What is medical coverage?
Medical Payments Insurance is optional coverage that reimburses medical and funeral expenses related to vehicle accidents, regardless of who is at fault.
MedPay protects you and your passengers when:
- If you or your passengers are injured in the vehicle
- If you are injured in someone else’s vehicle
- If you are a pedestrian and are hit by another vehicle
- If you are hit by a vehicle while riding a bicycle or using public transport
MedPay supplements your health insurance. Since MedPay has a low limit, your health insurance will cover most of the cost, and MedPay will activate when you reach your health insurance limit.
Medical Payment Insurance and Personal Injury Protection
“No fault” status Drivers are required to have Personal Injury Protection (PIP). No-fault insurance covers a specific limit on accident-related medical expenses, regardless of who was at fault.
In other states, the at-fault driver is responsible for the victim’s injury in the collision.you can choose Propose compensation against the guilty party. However, it can take a long time to prove fault and get reimbursed for your injury.
Let’s say you don’t have health insurance and your PIP coverage is maximized. In this case, you can use MedPay to fill in the gaps, according to Jason Turchin, the company’s personal injury and accident attorney. Jason Turchin Law Offices in Florida. Here are some of the core differences between MedPay coverage and PIP:
Personal Injury Liability Insurance Pay for medical bills for a passenger in another vehicle that you are at fault for.
What does medical coverage include?
Whether you’re a pedestrian, driver or passenger, your MedPay insurance will go wherever you go. You are also covered outside the United States. Here are a few of the fees MedPay will pay:
- medical service: MedPay will pay for hospital or doctor visits, EMT and ambulance fees, care and any other medical services related to the accident.
- Health Insurance Copayments or Deductibles: If your health insurance deductibles or copays are high, consider purchasing MedPay. If you need to use health insurance, it will cover the rest of the copayment cost or deductible.
- treat: MedPay will cover everything from dental procedures to prosthetics, surgery and accident injury-related medications.
- Funeral expenses: If someone dies in an accident, MedPay will pay for funeral expenses.
What does MedPay not cover?
MedPay has you covered in many car accident cases, no matter where you are. However, in some cases, medical payment coverage does not apply. These include:
- If you are out of coverage: If you max out your health insurance, PIP and MedPay coverage, you will have to pay the rest out of pocket.
- Wage loss: MedPay will not be responsible for lost income if you lose your job due to an accident.
- Other drivers: MedPay does not cover injuries you cause to other drivers and their passengers.
- Injuries not related to a car accident: MedPay will only cover accident-related injuries and not other pre-existing health conditions.
- Child care costs: MedPay will not pay for childcare if you are away from home and cannot care for your child.
Do I need medical payment insurance?
Only two states require MedPay insurance: Maine and New Hampshire. Twelve states require PIP. MedPay and PIP are optional for the rest, according to insurance net.
“If you have health insurance, you probably don’t need medical payout insurance because that usually covers the balance after PIP,” Turchin said. However, Turchin points out that MedPay ensures that 100% of your medical treatment is covered, which means you can receive treatment quickly, even if you are at fault in an accident.
Even though it’s not mandatory, you may still want to consider MedPay in some cases. For example, if your health insurance deductibles and copays are high, it might be worth having MedPay. It is also wise to purchase MedPay insurance if you frequently use your vehicle to transport people who are not relatives. For example, if you drive for a ride-sharing company like Uber or Lyft, it might be wise to have MedPay insurance.
How much medical expense insurance do I need?
MedPay has a lower limit because it can be used as a supplement to your health insurance or PIP. Limits can be as low as $2,500 or as high as $10,000, according to Insurance.com.
Medpay reportedly costs as little as $2 per month, while PIP typically starts at $50 per month. Insurance.
The amount of MedPay coverage you should purchase depends on how much health insurance or PIP you already have. If your health insurance deductibles and copays are low, you may only need a few thousand dollars for MedPay coverage. If your deductibles and copays are high, consider increasing your MedPay coverage.
Drivers with adequate health insurance or PIP insurance may not need MedPay. But keep in mind that in many states, the driver at fault is not responsible for your medical bills. Having MedPay gives you the peace of mind that in the event of an accident your bills are fully covered.