Jump To Navigation

Blog Topic

Personal Injury Attorneys; Alternative Health Insurance

Healthcare costs nationwide continue to increase at rate parallel to the rate of uninsured and underinsured in the U.S. Specifically, the U.S. spends approximately 16% of the GDP on healthcare expenditures which equates to roughly 16.2 billion a year. However, approximately 15.9% or 46 million of our population, depending on which side of the political spectrum one falls on is without health insurance. Nonetheless, a large number of our population does not have health insurance. In addition, a majority of the uninsured fall within the lower middle class to lower class income bracket. Many of these uninsured qualify for Medicaid benefits but the sheer volume of uninsured, places a substantial burden on Medicaid whose resources are already severely limited. Therefore, uninsured who would otherwise qualify for Medicaid are left without health insurance.

This begs the question, how do people with serious health problems get healthcare if they are uninsured or do not qualify for Medicaid? It is no secret that personal injury attorneys across the U.S. constantly engage in litigation with insurance companies to ensure fair payouts through No-Fault coverage to their clients who face serious injuries primarily caused by auto accidents. The statistics for auto-accidents show that approximately 6,240,000 accidents occur each year. These injuries range from routine fractures to the truly grievous. Furthermore, auto accident injuries are a huge medical expense to the admitting hospital. Even minor injuries requiring a visit to the ER can cost an uninsured patient upwards of several thousand dollars. However, injuries requiring major surgery can cost anywhere from $50,000.00 to $200,000.00. In addition, treatment costs following the injury or surgery such as rehabilitative care and pain management entail a heavy financial burden as well. Subsequently, this financial burden is transferred back to the injured party who usually has no means of paying for their medical care.

Personal Injury attorneys sue on behalf of their clients to ensure that Insurance Carriers pay the full amount of No-Fault coverage. Thus, successful claims allow clients to pay for the astronomical medical costs associated with auto accidents at no expense of their own and health care providers are reimbursed for their care. Insurance Carriers are able cover medical expenses through No-Fault because every insured car must carry some form of No-Fault insurance. In addition, car insurance premiums create the risk pooling mechanism which allows Insurance Carriers to pay out No-Fault policies. Essentially, personal injury attorneys serve as the catalyst which reimburses the healthcare system for services which would go unpaid without payment through No-Fault coverage. Therefore, the financial hemorrhaging of the U.S. Healthcare system has a tunicate in form of personal injury attorneys suing Insurance Carriers on behalf of their clients to obtain No-Fault coverage which is rightfully owed.