Medical Payments Coverage
Medical payments (also known as MedPay) coverage is a part of auto insurance you can buy that
covers the medical bills you incur as a result of a car accident. The coverage also pays some of the medical bills incurred by your passengers hurt in an accident. Medical payments insurance can also pay for any injuries that you or your family sustain as pedestrians in an accident. Regardless of who is at fault, your insurance carrier should reimburse you for your medical expenses.
What Medical Payments Covers
If you sustain injuries in an automobile accident, your MedPay coverage will pay for the expenses related to the accident. These costs include:
- Hospital stays and doctor visits.
- X-rays and surgery.
- Dental work needed as a result of the accident.
- Home care and nursing services.
- Any injuries sustained as a pedestrian.
- Ambulatory services.
Medical payments coverage also covers any funeral expenses in the event that you or a loved one dies as a result of a car accident.
Also, medical payments insurance can act as a supplement to any health insurance policy you may have. For example, the policy may cover any deductibles or copays your health insurance provider requires.
Who Offers Medical Payments?
Medical payments coverage is an optional coverage you can purchase from most major car insurance carriers. You can buy a policy as a supplement to your current auto or health insurance coverage, or you can choose direct reimbursement as your primary coverage.
Although most states do not require you to carry MedPay, some states require that you carry some form of personal injury protection, known as PIP coverage. For example, Oregon requires you to carry at least $15,000 of PIP auto insurance coverage for each person who rides in your car.
The Cost of Coverage
The cost of MedPay depends on the car insurance company offering the policy and how much coverage you think you need. For example, one car insurance company may offer $1,000 worth of coverage per accident for one person for an additional monthly premium cost of $5 while another auto insurance company offers the same coverage for an additional $1.50 each month. The more coverage you buy to cover each person, including yourself, the more you can expect to pay in premiums each month.
Some companies offer medical payments coverage ranging from $1,000 to $10,000 per person for an additional $25 to $30 a month in monthly premiums. A few companies offer coverage up to $25,000 for an extra $32 to $35 a month.