"Health Insurance Isn't All It's Cracked Up to Be"

[Golddoor]

Goldoor FYI - auto accident injuries are covered first by auto insurance.

No it only covers the person or people that you caused the accident against. Neither full coverage nor liability pays for your personal medical bills due to an accident that you caused!!!! :wink:

 

[NHB_MMA]

Pilots, per se are not generally a problem for anyone. What the companies care about is crop dusting and stunt flying, which carry substantially more risk.

Crop dusting I could see because you fly low and it just seems like the kind of thing that one would be likely to survive, but I would think that stunt pilots are far less likely to survive. That route should entail the grim reaper followed by the life insurance salesman delivery a check (if the pilot was responsible in his planning).

 

[NHB_MMA]

I believe health coverage would kick in when auto coverage has exhausted its limits, if I'm not mistaken. I don't see it as an underwriting concern, since most people have nearly the same risk, unless you know of a person with a particularly bad driving history.

 

[Golddoor]

I believe health coverage would kick in when auto coverage has exhausted its limits, if I'm not mistaken. I don't see it as an underwriting concern, since most people have nearly the same risk, unless you know of a person with a particularly bad driving history.

Nope- If you cause an accident and get hurt your auto insurance is not going to pay for your medical bills. Your health insurance pays everything that happens to you in the event of an accident that is your fault.

 

[moonlightandmargaritas]

No, not accurate. Depends on whether it's a "no-fault" state or not.

 

[moonlightandmargaritas]

In addition here in Florida, we're required to have "PIP" coverage - Personal Injury Protection. It includes a death benefit too.

 

[Golddoor]

No, not accurate. Depends on whether it's a "no-fault" state or not.

What is a "no fault" state? In the state of Texas and Oklahoma unless you have full coverage, they wont even pay for your car repairs if its your fault. So I doubt they will pay for your med bills!

 

[moonlightandmargaritas]

No fault has been adopted in many states. Basically it works like this: if we're in a wreck, you collect from your insurance company, and I collect from mine, regardless of who's at fault. Down the line, one insurance company may attempt to subrogate with the other.

 

[NHB_MMA]

No fault has been adopted in many states. Basically it works like this: if we're in a wreck, you collect from your insurance company, and I collect from mine, regardless of who's at fault. Down the line, one insurance company may attempt to subrogate with the other.

That's PA. I wasn't aware that is what is meant by "no fault". How is this advantageous for the insurers?

 

[insuremojo]

No fault has been adopted in many states. Basically it works like this: if we're in a wreck, you collect from your insurance company, and I collect from mine, regardless of who's at fault. Down the line, one insurance company may attempt to subrogate with the other.

I've never heard of this...but I don't know every states laws (you're from Florida right?). As far as in California there is no such thing. And medical is paid by the auto insurance company by adding an endorsement, but it's a paultry amount. $500 to $25000, shoot...$25000 in the event of a major event would barely be scratching the surface of a major medical bill. Better have health insurance! :shock: