Medical Payment Coverage
WHAT IS MED-PAY?
Medical Payments Coverage (commonly referred to as “Med-Pay”) provides insurance for the immediate medical expenses following an auto accident, including the typically substantial expenses associated with emergency services, such as ambulances, doctors, and chiropractic. Your auto insurance company will pay for any medical treatment you receive as a result of a car accident up to the Med-Pay limit purchased, and can help cover things like your health insurance deductible and co-pays. Med-Pay covers medical expenses regardless of who is at fault in the accident, and the coverage moves with you, whether you are walking, riding with a friend, or on public transportation, as well as both in- and out of state.
WHAT DOES IT COVER?
If you’re injured in an accident that another driver caused, it can often take months for their insurance company to pay your medical bills, which means without Med-Pay, you would be paying up front for these expenses, and then waiting for a reimbursement. With Med-Pay, however, your immediate costs are covered up to the limit you’ve purchased, with no wait-time for benefits to start. This would cover ambulance fees, chiropractic care and many more medical expenses that might not otherwise be covered by your health insurance. It is in your best interest to keep, and possibly increase, your Med Pay coverage.
For those with high deductibles on their health insurance, Med-Pay is highly recommended. Without this coverage, if you are at fault in an auto accident and sustain injuries, you may not have ANY coverage for your own medical expenses. However, if you are covered with Med-Pay, you would end up paying ZERO out-of-pocket because this coverage would kick in immediately after the accident.
Ask your Auto Insurance agent about Med-pay, and make sure you have the highest Med-pay Coverage for your and your family. Most auto insurance companies offer Med-Pay coverage in increments from $500 to $25,000.