Most injured parties are not aware that they may have to reimburse health insurers and/or government entities for monies they advanced for lost wages and medical expenses. If you are involved in a car accident, and your health insurance company pays your medical bills and you later settle your injury case you may have to repay your health insurance company. Almost all private health insurance policies contain reimbursement language.
There are several entities that may have reimbursement interest in a personal injury case: These include:
- Health insurers that paid medical bills;
- Automobile insurers that paid medical bills under med pay provisions in the policy;
- Bureau of Workers’ Compensation that paid medical bills or lost wages; and
- Medicare or Medicaid that paid medical bills incurred as a result of the accident.
It is important to understand what companies or governmental entities may have the right to be reimbursed before you settle your personal injury claim. If you have a question about that, seek the advice of an experienced Cincinnati auto injury lawyer.