Before January 1, 1991, the New Jersey mandated any auto insurance company or provider the responsibility to pay for medical bills in case a driver catch an accident on the road. For those auto insurances granted or written after the stipulated date, the policyholders can choose.
The Choice You Need To Make
If you have existing health insurance coverage whether personally acquired, the company provided (HMO), or any similar healthcare subscription, you can opt to choose from your current coverage who will carry the responsibility of your medical expenses after a car accident.
This choice is a part of the state’s regulation to address the ultimate cost of any auto insurance. The said law also ordered such insurance company to grant a portion discount on the premium in case the driver choose to have his/her payor to pay for the bills incurred.
How To Choose
If you are opting to have another provider or payer for your health insurance, you may duly fill-out a Selection Form for the New Jersey’s Auto Insurance Coverage. This form will grant you the preference you opt as long as it is stipulated clearly in the paper.
You also need to check with your chosen provider if they are already up-to-date about the said form, so you are sure that they are the ones who answer to your coverage in case there is already an existing need.
Other Things You Must Consider
Your health coverage can vary depending on your subscription and premium payments. Take note that there are also other premiums that benefit lifetime support for your immediate family. Make sure that you tick all the needed files and requirements that grant you that your provider is subject to any of the medical expense you need in case of car accidents.
Failure to select your option could mean that you are assigning your auto insurance company to take good care of your said expenses. This set option can carry at least $15,000 to $250,000 worth of damages; thus, your health provider will only become a secondary option.
Make sure that you made everything clear and updated with your insurance provider so there would be no problem having to reimburse or claim and monetary value in case of an accident. Once you have chosen your option, make sure that you update the parties involved and submit necessary required documents for reference and records.