Accident victims in Florida and throughout the rest of the country who have been injured due to someone else's negligence need to seek medical attention immediately after the accident has occurred. However, not all victims are in a financial position to pay the co-pays and meet other financial requirements necessary to obtain the medical care they so desperately need.
Depending on where an accident victim lives, he or she may have personal injury protection (PIP) as part of their automobile coverage, or they may have some form of medical pay coverage that can be used to pay medical bills; yet, such coverage may not fully cover all necessary medical treatment and care.
Individuals dealing with such a scenario are faced with a serious issue: You will be able to pay for the care you need once your lawsuit is resolved; however, you may not be able to satisfactorily prove your case without first obtaining the care needed. So, how can the problem be resolved? A letter of protection (LOP) might be just what you need -- but what if the doctor or hospital won't accept it?
Simply stated, an LOP is a contract between your attorney, a medical provider and yourself that can be used to permit you to obtain the medical care you need while you await resolution to your personal injury case. In exchange for care, you promise to pay the provider from any settlement funds you receive.
The language of an LOP will vary, but they most commonly state that the medical provider will not require immediate payment for any medical bills incurred, will not send your account to collections while the LOP is in effect and will provide you with treatment while the case is still pending. Other LOP terms may include an instruction to your attorney to pay the care provider directly from any settlement funds obtained from the personal injury case, as well as a clause stating that the attorney agrees to do so once those funds are received.
While an LOP sounds like a perfect resolution to so many accident victims' problems, there are times when doctors and hospitals will not accept LOPs. So what can you do? If you find that you have exhausted all other possibilities to obtain the money needed for medical care co-pays and other household needs, you may want to consider seeking pre-settlement funding from Injury Funds Now (IFN).
IFN can help injured individuals obtain the medical care and/or surgery they so badly need by advancing funds to cover things like co-payments to doctors, hospitals or both. Having the ability to obtain much-needed surgery not only helps the injured individual get well sooner, but it may also help increase the value of his or her personal injury case.
IFN is an industry leader in pre settlement funding and has been assisting injured accident victims for over a decade. If you believe such funding will help you and your family while awaiting an outcome to your personal injury case, take a moment to complete our short application online. There is no minimum or maximum dollar limit, so you can apply for exactly the amount you need to get you through these difficult times.
As part of the process, you will be asked to sign a release to authorize your lawyer to share the details of your case with us, and once that information is reviewed and evaluated, we will let you know if you've been approved -- usually within 24 hours of receipt of the information.
IFN assists injured victims in Florida and other states throughout the country. If you or a family member would like more information about settlement funding and how it could help you, apply online or call 866-68-FUNDS (38637).