Med-pay is a portion of your auto insurance. The insurance is generally called Medical Payments, but often abbreviated as Med-pay. If you or your passengers are injured in a semi-truck accident, this is a portion of your insurance that can help pay for medical bills. This portion of insurance can help pay for medical bills regardless of who is at fault.
Med-pay is sold in increments of $5000 dollars generally. This means you can purchase Med-pay at $5,000, $10,000, $25,000 or more. The money can be taken piecemeal or all at once.
The best way to spend Med-Pay is to use your primary insurance (the HMO or PPO) to pay for all of your medical bills. Then use the Med-Pay money to pay for the deductible. This is the best way to pay for your medical bills if you have some form of Med-pay coverage through your auto insurance.
Takeaway: You can get as much money as you want from your Med-pay provision of your insurance without compromising your injury case against the semi-truck company or company who caused the semi-truck accident or other type of accident.
Med Pay Tip: Make sure your Insurance company Only Reimburses You.
If there is a serious accident and you do have Med-pay, you want to contact your insurance company and tell them not to pay this med-pay money to anyone other than you directly. The reason for this communication is because certain medical providers will seek Med-Pay money before billing other types of insurance. The usual culprits are pain management clinics and ambulance companies. These companies will seek your Med-Pay benefits, and get the entire amount to pay for their one bill (they make more money this way), and sadly they leave you in the lurch without additional Med-Pay benefits. This seems to be illegal, but is allowed by law at this time. This can leave you with no leftover money to pay for your co-pays.
Another name for Med-pay is Personal Injury Protection. While this personal injury protection is only required in 16 states, it is possible to have it in other states as well. PIP is required in the following states:
- New Jersey
- New York
- North Dakota