Case study: How to pay for medical bills after a car accident
While driving to work, Michelle is rear-ended by another driver who wasn’t paying attention when Michelle had to slam on her brakes because a car darted in front of her. Unfortunately, the accident was bad enough that Michelle is transported to the hospital by ambulance.
After Michelle recovers and is discharged from the hospital, the bills from her stay start coming in. She panics when she learns that her health insurance won’t cover the ambulance ride. Fortunately, she opted for medical payments insurance when obtaining car insurance.
Her Medpay will cover the ambulance fee, as well as her steep deductible of $2,500 and high copays. Because of Michelle’s medical payments insurance, she will have no out-of-pocket expenses.