What is Medical Payments Insurance Coverage?

Medical Payments (MedPay) insurance coverage in Colorado is a type of auto insurance coverage that helps pay for medical expenses resulting from injuries sustained in a car accident, regardless of who was at fault. It is an optional coverage that drivers in Colorado can choose to add to their auto insurance policies.

Here are some key points to understand about Medical Payments insurance coverage in Colorado:

1. Coverage Scope: MedPay coverage typically pays for reasonable and necessary medical expenses resulting from a car accident, such as hospital bills, doctor visits, ambulance fees, surgical costs, X-rays, and other medical treatments.

2. Coverage Limit: The coverage limit for MedPay is determined by the policyholder when selecting their insurance coverage. It can vary depending on the individual policy, but common coverage limits range from $1,000 to $10,000 or more.

3. Coverage for Passengers: MedPay generally covers the policyholder and any passengers in their vehicle, regardless of who caused the accident. It may also extend to injuries sustained by the policyholder or their family members as pedestrians or passengers in other vehicles.

4. Coordination with Other Insurance: MedPay coverage is designed to provide immediate benefits and is typically paid regardless of any other insurance coverage the injured person may have, such as health insurance or liability coverage.

5. No Deductible or Copayment: MedPay insurance usually does not have a deductible or copayment, meaning the coverage begins paying for eligible medical expenses immediately, up to the chosen coverage limit.

It’s important to note that MedPay coverage does not extend to cover property damage or other types of non-medical expenses resulting from a car accident. It specifically focuses on medical costs associated with injuries sustained in an accident.

When considering whether to include MedPay coverage in your auto insurance policy, it’s recommended to carefully review your insurance options, assess your personal needs, and consult with an insurance agent to understand the specific terms, coverage limits, and benefits of the MedPay coverage offered by your insurance provider.