After an accident, medical bills, lost wages, and everyday expenses can pile up quickly. Even if you have a strong personal injury claim, it can take years before your case settles. So, what do you do in the meantime? How do you keep up with your bills while waiting for a settlement check?
Here’s what Wisconsin accident victims should know:
1. Use Your Health Insurance First
If you have health insurance, it should be your first line of defense against mounting medical bills. Even though the accident wasn’t your fault, your health insurance can help cover treatment costs while your personal injury claim is pending. Once your case settles, your insurer may be reimbursed out of your settlement (this is called subrogation), but in the short term, it keeps the bills from overwhelming you.
2. Talk to Your Medical Providers
Many hospitals, clinics, and physical therapists in Wisconsin are familiar with personal injury cases. Let them know you have a pending claim. Some may agree to delay payment or set up a payment plan until your case is resolved. Others may work under a “letter of protection,” which is a written agreement from your attorney stating that the provider will be paid from your settlement proceeds.
3. Use MedPay or PIP Coverage
If you were injured in a car accident, check your auto insurance policy for Medical Payments (MedPay) or Personal Injury Protection (PIP) coverage. These benefits can pay medical expenses right away, regardless of who was at fault. In Wisconsin, MedPay is optional but common, and it can be a huge help while your case moves forward.
4. Apply for Short-Term Disability or Paid Leave
If your injuries prevent you from working, look into short-term disability benefits or paid leave options through your employer. These programs may replace a portion of your income while you recover.
5. Avoid Lawsuit Loans (If Possible)
Some companies offer “lawsuit loans” or cash advances on your settlement. While these might sound appealing, they often come with very high interest rates. It’s best to explore all other options before taking this route. If you’re considering one, talk to your attorney first so they can help you understand the pros and cons.
6. Ask Your Attorney for Guidance
A good Wisconsin personal injury attorney won’t just handle your claim; they’ll also help you navigate financial challenges while you wait. Your attorney can communicate with medical providers, manage liens, and make sure your settlement covers all your expenses once it’s finalized.
You Don’t Have to Go Through This Alone
Waiting for a personal injury settlement can be stressful, but you don’t have to face it alone. An experienced Wisconsin personal injury attorney can help you manage your bills, protect your credit, and fight for the full compensation you deserve.
If you’ve been injured in an accident and are struggling to stay afloat financially, contact our office today for a free personal injury consultation. We’ll review your situation, explain your options, and help you move forward with confidence.