Here are opinions from WikiAnswers Contributors: * Yes. It is a totally separate issue from medical bills. * No, absolutely do not assume that you will get three times medical in addition to the actual medical amount paid. Unless that it states that you will be paid medical IN ADDITION to the other award. This is a common mistake that is often seen later when physician bills start to come in. You may have already cashed a check from the insurance that had their release on the back. The release may have stated 'accepted as release from any and all further claims' or similar wording. When you call them for an explanation, you will be told that they sent their check for three times the amount of the medical paid. At that point, you are stuck with any remaining bills.
When insurance pays three times the amount for pain and suffering is that in addition to medical expenses?
It used to be a rule of thumb that pain and suffering damages could be calculated as a rough multiple of medical expenses. However for quite some time, that has no longer been the case. The payment of medical expenses is a separate portion of the recovery depending upon the nature of the occurrence that caused your injury. For example, if an auto collision caused the injury, you may have to look to your own insurer under your Personal Injury Protection coverage for the payent of (most) medical expenses and (most) lost wages. If the insury was the fault of someone/something that was insured under a commercial general liability policy, ordinarily, if the insurer believes that its insured was At Fault, it will pay medical expenses under a "medical payments" provision of the policy. If there is a "pain and suffering" element of your damages (and that does not always exist despite what the lawyers say), a recovery can either be negotiated or a suit siled. If a sduit is filed and the matter goes to trial, the amount of recovery will less be a function of the amount of medical expenses than it is the severity of the injury and the extent to which that it may effect your ability to function in the future and maintain your employment. All of that said, please understand that getting injured is not like winning a lottery. Be reasonable and realistic..
Your PIP insurance will in most cases cover your medical expenses even if you do not possess the required health insurance in Texas. This would pay for your medical expenses in a wreck.
I'm pretty sure this depends on who is the insurance company, but most travel insurance policies will cover emergency medical expenses. For every day medical expenses, you will have to talk to your every day insurance company.
No. Medical insurance covers medical expenses, not insurance premiums.
One can finance his or her medical expenses by getting insurance. AllinaHealth is just one company that can help one finance his or her medical expenses.
Unreimbursed medical expenses are those that your insurance company, or HSA will not reimburse you for. These costs are not covered on your plan.
Yes. The attorney works for you and your interests such as personal property, medical expenses, lost wages and settlements for pain and suffering. The insurance company, either yours or theirs, works for the insurance company and will give you only the minimum required by law based on a scale which computes market value of personal property, exact costs of medical expenses, exact lost wages from time off of work due to injury and as close to zero that they can legally come to in settling pain and suffering compensation.
Medical expense insurance: Covers some or all of the out of pocket expenses paid by the insured for covered medical expenses. Disability insurance: Makes up for some or all of the income lost during the disability of the insured.
This does mean expenses are not covered by insurance. If this is what the divorce decree says, then you are responsible for these bills.
One can find more information about travel medical insurance from medical insurance providers. In addition, online resources provide information about travel medical insurance.
Your own liability insurance will never pay for the damage to your property or for your medical expenses. Your collision insurance pays for damage to your property, if it is your fault. Your Uninsured Motorist Insurance or Underinsured Motorist Insurance pays for damage to your property if caused by someone else who is uninsured or under-insured. Your liability insurance will pay for the damage to someone else's property or for someone else's medical expenses, if it is your fault. Someone else's liability insurance will pay for the damage to your property or for your medical expenses, if it is their fault.
CAA travel insurance is coverage for unexpected expenses incurred while one is traveling. Expenses such as medical, accident, baggage and rental car costs can be included.
It depends on the kind of homeowner's insurance she has. If she has liability/medical pay to others with her insurance, then yes, it will cover your medical expenses.
It reduces the amount you pay for medical expenses.
It's secondary or tertiary insurance that is held to cover any medical expenses the primary insurance policy does not cover or does not cover completely.
You are advised to contact the Insurance Company,bringing to their notice the anomaly for the needful,as your medical expenses will be covered under the travel insurance.
Probably not. Supplemental health insurance is designed to fill holes not covered by major medical insurance plans: deductibles, co-pays, co-insurance, policy limitations, income replacement, and non medical expenses such extra travel, lodging expenses, etc. Major medical insurance is designed to cover your primary need - catastrophic losses associated with a sickness or injury. Supplemental insurance should not be viewed as a replacement to major medical coverage.
Yes, it is. Long term care insurance premiums are tax deductible. Premium payments are considered to be medical expenses and they are deductible as long as the medical expenses exceed 7.5% of the individual's income.
People pay health insurance to fight against skyrocketting medical expenses and medicine cost.
Technically, your buddy covers the medical expenses. He might be able to have his medical insurance cover it depending on the injuries AND as long as he DOES NOT mention that he got hurt while on the bike. Once he says that the doctors will not treat him for those injuries because they can't bill med insurance.. Medical insurance companies don't want to be paying for injuries that happened on an auto.
You can sue anyone you want, But you would lose in this circumstance. You would also be required to cover all the legal expenses and attorney fees for the entity you sued after you lose the case. Homeowners Insurance does not cover auto accident claims, that's what auto insurance is for.
These would be tax deductible under Medical Expenses on Schedule A if you have enough expenses to overcome the threshold and itemize. You cannot use any medical expenses that are reimbursed or paid for by insurance.
Health insurance is an insurance product that provides cover for medical and surgical expenses of an insured person, in case of a medical emergency. However, you are required to pay a premium to avail of health insurance policy. Insurance Best rates In Ontario. Visit isure.ca
You should be able to claim the medical expenses against your income tax, but there are limitations. You may have to claim them for the year that they were incurred. Which may mean you have to re-file taxes for that year. And Medical deductions are subject to a percentage offset. Consult your attorney, who should tell you when you get your award, or consult a tax expert. I gather what happened is you had medical expenses that were originally paid by (say your) insurance company. And instead of subrogation, you continued the lawsuit and won. The money you won had to be returned to the insurance company that already paid you for it (recovered). It is all going to offset - you can't deduct the medical expense unless you claim the income from the insurance company paying you for the lawsuit. But, the easiest handling would be just like any other covered medical expense...your insurance deductible and such costs are income tax expenses if they are above the minimums (unlikely).