Personal Injury Lawyer Sally Morin concludes a video series about the ways that you can cover your medical expenses when you are involved in a personal injury case.
The four main categories I spoke about were health insurance coverage, med-pay auto insurance coverage, cash payments, and now I’m going to elaborate on the fourth category, liens.
A lien is an agreement between you and the medical provider that you will pay the medical provider for the services at the conclusion of your case. It is similar to a contingency fee that you will pay your lawyer at the end of your personal injury case. The medical provider is taking a sort of risk, because they are waiting until the end of your case.
Typically you’re going to sign something with them that obligates you to pay them regardless of what you recover from the third party. There is a risk here because if you don’t win your case you still have to pay for your medical expenses. But it is also great in that you don’t have to come out of your pocket to pay the medical provider and they are willing to wait to get paid until the case is resolved. Sometimes this is something that the lawyer can work out with the provider and that way you don’t have to come out of your pocket.
If you have any questions about a particular personal injury case, please submit your case for a FREE online case evaluation.
This video and accompanying text is not intended to be a source of legal advice for any purpose. Prior results do not guarantee a similar outcome. The information in this video and text does not constitute a guarantee, warranty or prediction regarding the outcome of your case.