Medical Payments Coverage (“Med-Pay”) is an optional rider on your car insurance policy that every driver in the Commonwealth of Virginia should have. It is very cheap, typically a few dollars a month, but the financial benefits if you are in a car accident can be astronomical. Without Med-Pay, the financial repercussions, especially if you do not have health insurance, can be devastating.
Many people do not have Med-Pay or even know what it is, whether because they have “point and click” car insurance purchased online or they are working with an insurance broker who does not understand how Med-Pay works in Virginia. When purchasing insurance online, consumers often choose the least expensive policy available. Conversely, many brokers lack a basic understanding of why it is a necessity to include Med-Pay on every single insurance policy they write.
What is Med Pay?
- It is money available,
whether you are at fault or not, to pay for or reimburse you for all medical bills that you incur when you are injured by a motor vehicle. The Supreme Court of Virginia has said that the words you incur mean both your own out of pocket expenses and any bills paid by your health insurance company. So if your co-pay is $20, but your health insurance pays $100, you get a check for $120. If your ER bill is $10,000, you have a $500 co-pay, your health insurance pays $5,000, and the rest is written off, well, then you get a check for $5,500. If you do not have health insurance, Med-Pay will pay dollar for dollar everything that is owed up to the maximum amount of Med-Pay coverage on your policy.
- It doesn’t matter if you are in your car, a friend’s car, or anyone’s car.
- It doesn’t matter if you are at fault or not.
- Your MED-PAY is also available to anyone in your car.
- The only requirement is that you are injured by a car. You could be walking, riding a bike, or simply in your bedroom and someone crashes into your house. As long as you are injured by a motor vehicle, you are covered.
- If you use it your rates are not increased.
- It is normally available in increments of $1,000, $5,000, and $10,000 and is multiplied by the number of cars you have on your policy. This is called “stacking”. So if you have two cars on your insurance, and $10,000 in Med Pay, you have $20,000 in coverage.
Do I need a lawyer to get my Med-Pay money?
No. Any Med-Pay money is contractually owed to you by your car insurance company. At Bowen Ten PC we help our personal injury clients obtain their Med-Pay; however, it is normally accomplished by filling out a few simple forms. We do not charge for this service. The Med-Pay money goes straight to the client. The process is explained at the initial consultation.
How do I get Med-Pay?
Simply call your car insurance company and ask them to add it to your policy.