Impact of Denver Motorcycle Accidents on Health Insurance Rates
Following a motorcycle accident, the first thing a person should do is seek medical attention but it can be difficult to do so if a person does not have health insurance. Health insurance is extremely important because an injury on a motorcycle will always need some type of hospitalization, whether inpatient or outpatient. If a rider does not have health insurance, they must pay out of pocket for any injury they sustain on the motorcycle. Health insurance will cover the bill and an individual may have to pay the deductible. A hospital stay for a serious injury is very expensive and outweighs the impact of Denver motorcycle accidents on health insurance rates. If an individual has been injured in a motorcycle accident, they should consult an attorney that can advise them on what their next steps should be.
Negative Impact Accidents Can Have on Insurance Rates
The impact of Denver motorcycle accidents on health insurance rates can sometimes be negative. Rates can increase when an individual is involved in a motorcycle accident because they were in involved in an extremely dangerous activity, an activity that will more likely than not cause them serious bodily harm. The harm that results when engaging in this activity is more serious and they are often more severe than someone involved in a car collision.
Therefore, the insurance company is forced to pay out more money on the individual’s behalf for the medical services they were forced to receive. Thus, the insurance premiums will increase because of operating a motorcycle. The other factors that increase a person’s rate are if they are involved in a motorcycle accident, what the severity of the injury is, how long were they hospitalized, what type of rehabilitation services they will need if the injured party needs long-term health and if future surgery is involved with the collision.
Steps to Take Following an Accident
The first thing a person should do after a motorcycle accident is make sure that they have health insurance. They should provide their health insurance cards at the hospital and make sure all the medical providers they treat with are aware that the individual has health insurance. Also, they have a duty to let the health insurance company know that they will seek relief from the tortfeasor. This is done so the health insurance company can subrogate the amount the individual collects from the at-fault party.
The subrogation is because a third-party tortfeasor caused the injured party’s harm, but for the negligence of the tortfeasor, the injured party would not have had to seek the medical attention they received. Because the tortfeasor caused the negligence and the tortfeasor’s vehicle insurance company is paying for the injured party a sum of money because of that negligence, the health insurance company is then entitled to a portion of those proceeds for the services it was forced to pay out on because of that person’s negligence.
Benefits of Working With a Denver Motorcycle Accident Attorney
Individuals should seek an attorney that has worked on thousands of cases involving health insurance companies. It is in an individual’s best interest to contact a skilled motorcycle accident lawyer immediately and let them handle the claim. A qualified accident attorney could help a person recover the damages that they deserve. If an individual has been involved in a motorcycle accident and wants to know more about the impact of Denver motorcycle accidents on health insurance rates, they should speak with a knowledgeable motorcycle accident lawyer that could advocate for them.