Health Insurance Subrogation - Letting Your Insurer Fight Your Battles
When you are involved in an accident or malpractice situation, you are going to need medical attention.
However, your insurance company is usually going to pay the bills because that's just what they do.
Once your health insurance company pays for your medical expenses because of an accident or malpractice case, they have a right to get their money back if the fault was not yours.
If you fall and break your leg at home, on your own time, that's something that your insurance company pays for.
If you are involved in an auto accident that breaks your leg, they'll want their money back.
Subrogation is basically the right of insurance companies to step into your position and take legal action against whoever was at fault in the event of your injury or illness.
If someone else caused you to fall ill and your health insurance company foots the bill, they can file a claim against whoever is to blame.
This is in the fine print of just about every medical insurance policy, and is something that will be done with or without your consent in most cases.
Insurance companies have this right of subrogation to protect themselves from having to pay excessive expenses that they shouldn't have to pay.
Even if you don't feel like filing a malpractice lawsuit, your insurance carrier might.
What's more is that while you can file a civil claim against someone for an accident or malpractice case, your insurance company can also file a claim to get their money back concurrently.
Some companies will tell you that if you file suit and get money, they have the right to be repaid for the bills that they covered.
Others will fight the battle for themselves.
Either way, it is a right that companies have when it comes to health insurance.
Subrogation is something that every medical insurance company thinks about.
Imagine if you were to pay thousands of dollars to help someone because the person at fault wasn't paying.
Once the person was taken care of, you would want your money back, as well.
Therefore, you can understand why insurance companies use subrogation to their advantage.
No matter how much companies want to help you, at the end of the day they have to make a profit or they will fail as a business.
In the case of subrogation, they are basically getting back their profits because they shouldn't have had to pay claims in the first place.
If you need assistance in locating particular coverages at a pre-determined price, we can help you save up to 50% on your health insurance.
However, your insurance company is usually going to pay the bills because that's just what they do.
Once your health insurance company pays for your medical expenses because of an accident or malpractice case, they have a right to get their money back if the fault was not yours.
If you fall and break your leg at home, on your own time, that's something that your insurance company pays for.
If you are involved in an auto accident that breaks your leg, they'll want their money back.
Subrogation is basically the right of insurance companies to step into your position and take legal action against whoever was at fault in the event of your injury or illness.
If someone else caused you to fall ill and your health insurance company foots the bill, they can file a claim against whoever is to blame.
This is in the fine print of just about every medical insurance policy, and is something that will be done with or without your consent in most cases.
Insurance companies have this right of subrogation to protect themselves from having to pay excessive expenses that they shouldn't have to pay.
Even if you don't feel like filing a malpractice lawsuit, your insurance carrier might.
What's more is that while you can file a civil claim against someone for an accident or malpractice case, your insurance company can also file a claim to get their money back concurrently.
Some companies will tell you that if you file suit and get money, they have the right to be repaid for the bills that they covered.
Others will fight the battle for themselves.
Either way, it is a right that companies have when it comes to health insurance.
Subrogation is something that every medical insurance company thinks about.
Imagine if you were to pay thousands of dollars to help someone because the person at fault wasn't paying.
Once the person was taken care of, you would want your money back, as well.
Therefore, you can understand why insurance companies use subrogation to their advantage.
No matter how much companies want to help you, at the end of the day they have to make a profit or they will fail as a business.
In the case of subrogation, they are basically getting back their profits because they shouldn't have had to pay claims in the first place.
If you need assistance in locating particular coverages at a pre-determined price, we can help you save up to 50% on your health insurance.
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