The Costs of Excess Medical Claims for Automobile Personal Injuries

The Costs of Excess Medical Claims for Automobile Personal Injuries

Author: Stephen J. Carroll

Publisher: RAND Corporation

Published: 1995

Total Pages: 40

ISBN-13:

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The study concludes that 35-42 percent of claimed medical costs for automobile injuries are excess. In 1993, this excess claiming consumed approximately $4 billion of health care resources, cost insurers $9-$13 billion in compensation for noneconomic losses and other costs, and may have cost consumers $13-$18 billion in auto insurance premiums.


Book Synopsis The Costs of Excess Medical Claims for Automobile Personal Injuries by : Stephen J. Carroll

Download or read book The Costs of Excess Medical Claims for Automobile Personal Injuries written by Stephen J. Carroll and published by RAND Corporation. This book was released on 1995 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: The study concludes that 35-42 percent of claimed medical costs for automobile injuries are excess. In 1993, this excess claiming consumed approximately $4 billion of health care resources, cost insurers $9-$13 billion in compensation for noneconomic losses and other costs, and may have cost consumers $13-$18 billion in auto insurance premiums.


The Costs of Excess Medical Claims for Automobile Personal Injuries

The Costs of Excess Medical Claims for Automobile Personal Injuries

Author: John R. Hiland

Publisher:

Published: 1995

Total Pages: 0

ISBN-13: 9780833016492

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Book Synopsis The Costs of Excess Medical Claims for Automobile Personal Injuries by : John R. Hiland

Download or read book The Costs of Excess Medical Claims for Automobile Personal Injuries written by John R. Hiland and published by . This book was released on 1995 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:


Auto Accident Personal Injury Insurance Claim

Auto Accident Personal Injury Insurance Claim

Author: Daniel G. Baldyga

Publisher:

Published: 2001-05

Total Pages: 0

ISBN-13: 9781588203281

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Auto Accident Personal Injury Insurance Claim reveals the inside secrets of claim negotiating and shows you how to settle your case for top dollar. This book will guide you through the insurance claim wilderness and provide you with the answer to that critical question: How much is my "pain and suffering" worth? The mystery of how to place a value on your "pain and suffering" has been solved with the introduction of BASE: The Baldyga Auto Accident Settlement Evaluation Formula. It will help you to prove your losses, and to know how to present them during your negotiations. You'll learn the all-important 4 "Values" that BASE provides for you: The PREMIUM Value, The MEAN Value, The CORE Value and The LOW Value. The BASE Formula is a simple, yet revolutionary evaluation tool. Knowing how to guide an accident claim to a victorious payoff is not an exclusive ability, possessed by a select few. Don't be seduced into thinking you can't do it yourself. That simply isn't true! This book will show you how. If you've been in an accident and you're uninformed, you have little or no concept of the ultimate value of your possible recovery. Because of this, you're less able to make appropriate demands. As the claims negotiation process moves towards a close, you're settlement demands are very often too low or too high. You're ignorant of the accepted principles, which justify your demands. When you attempt to negotiate a settlement with these handicaps, you run a strong chance of being victimized. The amount of compensation you should be paid isn't found in a crystal ball. Rather, a number of simple factors such as the type of accident, related injuries, out-of-pocket expenses, medical costs and lost wages all go into determining how much a claim is worth. What amount an insurance company is willing to pay actually falls into a fairly narrow spectrum. To read this book is to become informed on bodily injury claim settlement facts and details. You'll discover how to implement BASE so you can determine the monetary value of the "pain and suffering" you've endured because of your injury. You'll know what to ask for and how to negotiate it. You'll learn how to supply the adjuster with all the documentation and proof needed to establish your claim. You'll gain the knowledge needed to accomplish this when you read Auto Accident Personal Injury Insurance Claim. And you'll walk away from the negotiation table with a smile on your face.


Book Synopsis Auto Accident Personal Injury Insurance Claim by : Daniel G. Baldyga

Download or read book Auto Accident Personal Injury Insurance Claim written by Daniel G. Baldyga and published by . This book was released on 2001-05 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Auto Accident Personal Injury Insurance Claim reveals the inside secrets of claim negotiating and shows you how to settle your case for top dollar. This book will guide you through the insurance claim wilderness and provide you with the answer to that critical question: How much is my "pain and suffering" worth? The mystery of how to place a value on your "pain and suffering" has been solved with the introduction of BASE: The Baldyga Auto Accident Settlement Evaluation Formula. It will help you to prove your losses, and to know how to present them during your negotiations. You'll learn the all-important 4 "Values" that BASE provides for you: The PREMIUM Value, The MEAN Value, The CORE Value and The LOW Value. The BASE Formula is a simple, yet revolutionary evaluation tool. Knowing how to guide an accident claim to a victorious payoff is not an exclusive ability, possessed by a select few. Don't be seduced into thinking you can't do it yourself. That simply isn't true! This book will show you how. If you've been in an accident and you're uninformed, you have little or no concept of the ultimate value of your possible recovery. Because of this, you're less able to make appropriate demands. As the claims negotiation process moves towards a close, you're settlement demands are very often too low or too high. You're ignorant of the accepted principles, which justify your demands. When you attempt to negotiate a settlement with these handicaps, you run a strong chance of being victimized. The amount of compensation you should be paid isn't found in a crystal ball. Rather, a number of simple factors such as the type of accident, related injuries, out-of-pocket expenses, medical costs and lost wages all go into determining how much a claim is worth. What amount an insurance company is willing to pay actually falls into a fairly narrow spectrum. To read this book is to become informed on bodily injury claim settlement facts and details. You'll discover how to implement BASE so you can determine the monetary value of the "pain and suffering" you've endured because of your injury. You'll know what to ask for and how to negotiate it. You'll learn how to supply the adjuster with all the documentation and proof needed to establish your claim. You'll gain the knowledge needed to accomplish this when you read Auto Accident Personal Injury Insurance Claim. And you'll walk away from the negotiation table with a smile on your face.


Automobile Personal Injury Claims

Automobile Personal Injury Claims

Author: United States. Department of Transportation. Automobile Insurance and Compensation Study

Publisher:

Published: 1970

Total Pages: 624

ISBN-13:

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Book Synopsis Automobile Personal Injury Claims by : United States. Department of Transportation. Automobile Insurance and Compensation Study

Download or read book Automobile Personal Injury Claims written by United States. Department of Transportation. Automobile Insurance and Compensation Study and published by . This book was released on 1970 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt:


The U.S. Experience with No-fault Automobile Insurance

The U.S. Experience with No-fault Automobile Insurance

Author: James M. Anderson

Publisher: Rand Corporation

Published: 2010

Total Pages: 191

ISBN-13: 083304916X

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"No-fault automobile-insurance regimes were the culmination of decades of dissatisfaction with the use of the traditional tort system for compensating victims of automobile accidents. They promised quicker, fairer, less-contentious, and, it was hoped, less-expensive resolution of automobile-accident injuries. This monograph considers how these plans have fared. After reviewing the intellectual and political history of no-fault auto insurance, the monograph concludes that no-fault lost political popularity because of the perception that it did not deliver the promised consumer premium cost reductions. Analysis of data from a variety of sources confirms this view, demonstrating that premiums and claim costs have become substantially larger in no-fault states than in other states over time. These cost increases can be traced to a variety of factors, including growth in excess claiming in no-fault states and convergence between no-fault and tort states in litigation patterns and noneconomic-damage payments. However, the primary driver of no-fault's cost growth has been high medical costs. The extent to which these additional costs represent augmented utilization of medical services rather than cost shifting from the medical insurance system to the automobile insurance system remains unclear." --Back cover.


Book Synopsis The U.S. Experience with No-fault Automobile Insurance by : James M. Anderson

Download or read book The U.S. Experience with No-fault Automobile Insurance written by James M. Anderson and published by Rand Corporation. This book was released on 2010 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: "No-fault automobile-insurance regimes were the culmination of decades of dissatisfaction with the use of the traditional tort system for compensating victims of automobile accidents. They promised quicker, fairer, less-contentious, and, it was hoped, less-expensive resolution of automobile-accident injuries. This monograph considers how these plans have fared. After reviewing the intellectual and political history of no-fault auto insurance, the monograph concludes that no-fault lost political popularity because of the perception that it did not deliver the promised consumer premium cost reductions. Analysis of data from a variety of sources confirms this view, demonstrating that premiums and claim costs have become substantially larger in no-fault states than in other states over time. These cost increases can be traced to a variety of factors, including growth in excess claiming in no-fault states and convergence between no-fault and tort states in litigation patterns and noneconomic-damage payments. However, the primary driver of no-fault's cost growth has been high medical costs. The extent to which these additional costs represent augmented utilization of medical services rather than cost shifting from the medical insurance system to the automobile insurance system remains unclear." --Back cover.


North Carolina Auto Accident & Insurance Law

North Carolina Auto Accident & Insurance Law

Author: Carl Nagle

Publisher: Lulu.com

Published: 2017-08-11

Total Pages: 246

ISBN-13: 1483417557

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Former insurance company lawyer and former claims adjuster Carl Nagle reveals insurance industry secrets and step-by-step guidelines to help motor vehicle accident victims: safely navigate the insurance claim process understand what is covered by insurance identify all parties who owe for accident losses locate all insurance policies and safely report claims collect full payment for car repairs or total loss receive medical care now with no out-of-pocket loss collect benefits from multiple insurance policies settle privately with no lawsuits or court involvement avoid insurance adjuster payment reduction tactics understand and present proper medical evidence maximize cash settlement for pain & suffering collect payment now for future medical needs collect for all lost wages & earning ability understand common traumatic injuries determine the fair value of your injury case make sure your settlement is tax free reduce & defend all claims against your settlement


Book Synopsis North Carolina Auto Accident & Insurance Law by : Carl Nagle

Download or read book North Carolina Auto Accident & Insurance Law written by Carl Nagle and published by Lulu.com. This book was released on 2017-08-11 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: Former insurance company lawyer and former claims adjuster Carl Nagle reveals insurance industry secrets and step-by-step guidelines to help motor vehicle accident victims: safely navigate the insurance claim process understand what is covered by insurance identify all parties who owe for accident losses locate all insurance policies and safely report claims collect full payment for car repairs or total loss receive medical care now with no out-of-pocket loss collect benefits from multiple insurance policies settle privately with no lawsuits or court involvement avoid insurance adjuster payment reduction tactics understand and present proper medical evidence maximize cash settlement for pain & suffering collect payment now for future medical needs collect for all lost wages & earning ability understand common traumatic injuries determine the fair value of your injury case make sure your settlement is tax free reduce & defend all claims against your settlement


Who Pays for Car Accidents?

Who Pays for Car Accidents?

Author: Estate of Jerry J. Phillips

Publisher: Georgetown University Press

Published: 2001-12-18

Total Pages: 146

ISBN-13: 9781589014848

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In this new volume, two lawyers debate which kind of automobile insurance is the best, no-fault or tort liability. This book presents in one place all the legal, political, historical, and financial arguments about the two types of auto insurance. Under the fault system currently used by thirty-seven states, tort law provides that the party at fault in the accident pays the full damages of accident victims. Jerry J. Phillips favors this system, arguing that it allows for fair compensation to the injured and deters drivers from dangerous behavior on the road. Stephen Chippendale counters this claim with the argument that tort-law based insurance combines high cost and low benefits, and that those who truly profit from it are the lawyers representing injured clients, while their claims clog up the court system. A better solution, he proposes, would be "Auto Choice," a plan under which consumers would choose whether or not they wished to be eligible for damages from pain and suffering. With civility and respect, these two legal scholars present thoughtful and thorough arguments on both sides of the debate, giving readers a balanced view of an issue that affects nearly every American. It will be of particular value to those in the fields of law, policy, and insurance.


Book Synopsis Who Pays for Car Accidents? by : Estate of Jerry J. Phillips

Download or read book Who Pays for Car Accidents? written by Estate of Jerry J. Phillips and published by Georgetown University Press. This book was released on 2001-12-18 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this new volume, two lawyers debate which kind of automobile insurance is the best, no-fault or tort liability. This book presents in one place all the legal, political, historical, and financial arguments about the two types of auto insurance. Under the fault system currently used by thirty-seven states, tort law provides that the party at fault in the accident pays the full damages of accident victims. Jerry J. Phillips favors this system, arguing that it allows for fair compensation to the injured and deters drivers from dangerous behavior on the road. Stephen Chippendale counters this claim with the argument that tort-law based insurance combines high cost and low benefits, and that those who truly profit from it are the lawyers representing injured clients, while their claims clog up the court system. A better solution, he proposes, would be "Auto Choice," a plan under which consumers would choose whether or not they wished to be eligible for damages from pain and suffering. With civility and respect, these two legal scholars present thoughtful and thorough arguments on both sides of the debate, giving readers a balanced view of an issue that affects nearly every American. It will be of particular value to those in the fields of law, policy, and insurance.


Medical and Dental Expenses

Medical and Dental Expenses

Author:

Publisher:

Published: 1990

Total Pages: 20

ISBN-13:

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Book Synopsis Medical and Dental Expenses by :

Download or read book Medical and Dental Expenses written by and published by . This book was released on 1990 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:


"Pay at the Pump" Auto Insurance

Author: Stephen D. Sugarman

Publisher: University of California, Institute of Governmental Studies

Published: 1993

Total Pages: 84

ISBN-13:

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Book Synopsis "Pay at the Pump" Auto Insurance by : Stephen D. Sugarman

Download or read book "Pay at the Pump" Auto Insurance written by Stephen D. Sugarman and published by University of California, Institute of Governmental Studies. This book was released on 1993 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:


Compensation for automobile injuries in the united states

Compensation for automobile injuries in the united states

Author:

Publisher:

Published: 1989

Total Pages: 206

ISBN-13:

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Book Synopsis Compensation for automobile injuries in the united states by :

Download or read book Compensation for automobile injuries in the united states written by and published by . This book was released on 1989 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: