If you’ve been in a car accident, and have medical insurance, you may think that your medical bills will be covered and that all will be well. Unfortunately, many Americans are learning the hard way that an unexpected car accident injury or illness can lead to high medical bills. According to the Atlantic, most insurance policies, while covering pre-existing conditions and most illnesses, now come with high deductibles. This means that an unexpected car accident injury or illness can leave victims and families facing medical bills as high as $6,000.
If victims are not able to work or lose their jobs as a result of their injury, they may lose their employment medical coverage. Families that once counted on insurance being covered by an employer may suddenly find themselves without coverage, or facing bills for coverage that can be as high as thousands of dollars a month for their families.
Insurance coverage doesn’t automatically mean that individuals can afford the medical bills, rehabilitation expenses, drugs, and other costs associated with their medical care. Even individuals with insurance policies that have low deductibles may find themselves having to shoulder more of the cost for certain pharmaceuticals. Recent reports have indicated that insurance companies may be more willing to pay for potentially addictive painkillers while leaving patients on their own to shoulder the bill if they want to take safer alternatives.
The Atlantic also reported that most Americans didn’t have even $400 to spare for an emergency. If Americans don’t have this small a safety net, they surely can’t afford the average $2,550 deductible for an individual under the Affordable Care Act or the $14,000 deductible for a family.
Medical expenses are not the only financial problem families may face. Families may need childcare while a loved one goes to rehabilitation or medical appointments. The cost of parking and traveling to doctor’s offices may not always be counted when considering the cost of injury. In fact, according to Mother Jones, websites like GoFundMe and YouCaring have generated approximately $9.5 billion in donations. Many people use these websites to solicit donations from friends and family to support the recovery expenses for an injured or ill loved one. While crowdfunding can be a lifesaver for individuals facing financial crisis, it requires individuals to essentially use social media to pay for their crisis. Individuals with wealthier support networks will generally do better than those who have poorer social supports. 90 percent of GoFundMe campaigns never meet their goals.
At the end of the day, turning to crowdfunding sites to pay the bills in an emergency might be able to offer support in the short term, but victims of car accidents should consider all their options. For example, if you’ve been injured due to another person’s neglect or negligence, you may be entitled to receive compensation for your lost wages, medical bills, and pain and suffering damages from the negligent party. The Law Offices of Robert Gregg are car accident attorneys in Houston, Texas who can help you seek the damages you may deserve. The law offers important protections to car accident victims and families.