How to Pay for TBI Care While Filing a Personal Injury Lawsuit
Personal Injury Lawyer
If your spouse suffered a brain injury at the negligence of another person, the cost of treatment and rehabilitative care could be more than you can afford. While you’re waiting for your case to settle, you still owe the hospital for the treatment.
Here is what you can do to help pay for the treatment in the meantime.
Ask About Hold Agreements
A hold agreement occurs when you inform the hospital that you have a personal injury lawsuit pending and that you will pay them when you receive the money. When you do this, the hospital or rehabilitation treatment center will be entitled to a portion of your settlement.
Ask About a Payment Plan
Some medical facilities will allow you to pay for treatment on a month by month basis. When you receive your bill, you can contact the billing department of the facility and discuss payments. This will give you more time to pay your bills. Once you receive your settlement, you can pay for the rest of the treatment.
Consider Loans or Credit Cards
A loan or credit card may be your last resort when dealing with medical bills. When you have a personal injury lawsuit pending, you ca n ask a lender to loan you the money for medical bills and other damages. The bank is then entitled to the portion of your settlement that you owe them. If you do not win your lawsuit, you do not have to pay the money back, hence it can sometimes be difficult to be approved for a personal injury loan. If you are not practically guaranteed a win, then odds are the lender will not approve you for the loan.
Credit cards are another route that you could take. There are medical credit cards that are specifically designed to help with medical costs. These cards tend to have lower interest rates than a loan and other credit cards. Whether you choose a credit card or a loan, you do have to keep in mind that interest builds on both as you repay the balance.
Your best option to pay for your spouse’s rehabilitation is to file a personal injury lawsuit. Of course, while you wait for your settlement, all of your bills are still due. Fortunately, there are ways that you can pay for medical treatment in the meantime. For more information on how to handle your medical bills, consult with a lawyer, like a personal injury lawyer from the Law Offices of Arcadier, Biggie, & Wood, as soon as possible.
