If you’ve been injured in a Wichita Falls or Dallas car accident and your health insurance covered your medical bills, you may hear the term subrogation come up. Though it may sound complicated, understanding subrogation is important, especially when it comes to health insurance, getting compensation from the party responsible for your accident, and your overall settlement.
Here’s what you need to know about how subrogation works in health insurance and how it could impact your car accident claim.
What is Subrogation, How Does it Work, and Why Does it Matter?
Subrogation is the process where your health insurance seeks to be reimbursed from the at fault party for the medical bills it paid on your behalf. Here is how it works:
When you’re involved in a car accident, your health insurance will pay your medical bills up to your policy limits if it’s within your policy’s coverage. You can get the care you need without waiting for the at-fault party’s insurance to pay. If the accident wasn’t your fault, your health insurer will try to recover the money they spent on your medical bills from the at-fault driver’s insurance company. This is the subrogation process. Your health insurance company may ask for information about the accident, including the police report or details of any legal action you’re taking, to strengthen their subrogation claim. Here is why it matters:
If you settle with the at-fault party’s insurance or win a legal case, a portion of your settlement may go toward reimbursing your health insurer for the bills they’ve already paid. So, it’s important to consider this when negotiating your settlement amount.
Contact a Wichita Falls and Dallas Car Accident Lawyer
Subrogation is a key part of your overall car accident claim since it can impact the amount of compensation you receive. Understanding your health insurance’s subrogation rights and how they work is important when managing your car accident claim.
If you or anyone you know has been in a car accident in Wichita Falls or Dallas, contact our car accident lawyer either by calling one of the numbers listed below or filling out our contact form. For Wichita Falls car accidents, contact us at 940-569-4000. For Dallas car accidents, contact us 945-295-0014. We will give you a free evaluation of your case and offer you helpful information on how to proceed.