I just finished an interview with a person and was reviewing our corporate medical benefits with them.  They informed me that they are currently getting $75 per month towards medical care.  I wondered to myself, what can cover?  To this point and in the news, more than 5,000 people are expected to show up for free medical care at a Los Angeles arena starting Thursday, organized by nonprofit CareNowLA.  People have already been lining up to get wristbands allowing them to enter the clinic on Thursday.

How do people that are injured and sick get healthcare? 

COBRA (Consolidated Omnibus Budget Reconciliation Act) can average a typical person or family in excess of $300 to over $1000 a month.  For some workers, the COBRA payments can amount to more than 60% to 70% of their monthly unemployment check.  Many laid-off workers who are eligible to continue their health insurance coverage through COBRA cannot afford to do so.  Other options include purchasing private insurance.  If you and other members of your family are healthy, you may be able to find a high deductible health plan that is less expensive than COBRA through Blue Cross or online at eHealthInsurance.

With insurance at the forefront of our national conversation, it got me thinking how valuable legal funding is when alternatives are so costly or unavailable.  Should a person be injured in an auto or premise liability case, legal funding may be the solution.  There is a way to fill the gap between medical need and lack of coverage when a plaintiff has a valid personal injury case. 

Pre-Settlement LOP Surgical Fundings are provided on behalf of a plaintiff that is underinsured or uninsured and has been approved for a specific medical treatment by a medical provider or medical facility.  These cases are approved for funding and surgical payment using CMG’s internal underwriting team composed of personal injury attorneys.  After a comprehensive review of the personal injury case’s liability and the defendant’s ability to pay, CMG provides a non-recourse funding to the medical provider and/or facility via a lien that is placed on the plaintiff’s case.  In this instance, the provider is paid the day after treatment is billed, the patient gets the treatment they need and payment is made only from the proceeds of the case settlement, not from the patient’s pocket. 

Have you been injured to no fault of your own and have no way to pay for necessary medical treatment?  CMG can help! Contact us at 1.800.CMG.CASH or apply online. 

This blog is not intended to be used as legal advice, but as a vehicle of litigation funding conversation.  We welcome your inquiries, comments and feedback.