Sentences with phrase «insurer out of the settlement»

So when time comes to reimburse the health insurer out of your settlement you are repaying less than $ 500.00 instead of $ 1400 to the hospital.

Not exact matches

In January 2009, then - New York Attorney General Andrew Cuomo announced the settlement of an investigation into the method used by certain health insurers to determine reimbursements for patients who received care from out - of - network providers.

With a typical car crash limitation period of two years, those claims are either very, very minor, or the defence insurer has brought out the party hats for an unfairly low settlement.

Obtained numerous favorable verdicts and settlements for insurers in pursuing claims arising out of fires caused by halogen lamps, including several high profile fires that received considerable publicity.

A lien means that the health insurer expects to be paid back out of your eventual settlement, for the medical bills they paid on your behalf.

They sought settlements with insurers and churned out suits on behalf of clients, many of whom were referred to clinics that were later caught up in no - fault insurance fraud investigations.

Your car insurance company won't pay out for damages that have already been paid for by another party; therefore, many policies require that you inform them in writing of any tentative settlement with the at - fault uninsured driver or you must obtain your insurer's permission before filing a claim (within the allowed timeframe) with the underinsured driver's insurer.

Some of the top insurers recently had to payout out huge settlements for failing to take direct steps to track down the beneficiaries.

every insurer has a different set of rules when it comes to claim settlement and such rules should be compared to find out which set of rules is the easiest and would enable a faster claim settlement.

For instance, if the insurer honours 90 out of 100 claims in a year, the Claim Settlement Ratio (CSR) comes out to be 90 %.

Also remember not to make any financial commitments or out - of - court settlements before speaking to your insurer first.

Lower claim settlement ratio implies that the insurer has rejected a large number of claims out of the total reported.

Speaking of low Claims Settlement ratio of the above insurers, as u pointed out, it is clearly a matter of understanding what information was asked for and providing it with documentary evidence where ever possible.