To qualify for personal injury medical lien funding with High Rise Financial, you simply need to have an active claim or lawsuit and have a lawyer representing you. If you were seriously injured in an accident, you probably have mounting medical bills from your treatment at the ER.
You also most likely have continuing care needs, which can include:
- Physical therapy
- Mental health care
- Chiropractic care
- Pharmacy services
- The need for a comprehensive evaluation to strengthen your case
But the severity of your injuries may have made you unable to work, causing you to run through what little savings you had. So, how do you pay the doctors and the hospitals? You apply for personal injury medical lien funding.
Fill out the medical lien application form to get started.
How Medical Lien Funding Works
Medical lien funding is a good solution for you if you’re struggling to pay the bills you already have. Personal injury cases can take months, sometimes years, to either settle or work their way through the court system. And you need continuing care to recover from your injuries.
If you don’t have insurance or you have a high deductible health plan, personal injury medical lien funding can help. This type of funding is essentially pre-settlement financing that pays for your medical care. It also comes in handy when your insurance company refuses to pay for the care you need.
This means no co-pays, no interest, and no bill collectors calling you. You have no out-of-pocket costs for the care you receive.
Applying for Personal Injury Medical Lien Funding
When we approve you for personal injury medical lien funding, we can set you up with a doctor or surgeon who provides care on a medical lien. This means they agree to provide you with the care you need without making you pay upfront.
At High Rise Financial, we have a network of doctors, surgeons, and medical facilities who treat personal injury plaintiffs on a lien. When you apply, we confirm that a doctor or specialist who performs the procedure or provides the care you need is available in your area.
Then, we gather your case information and medical records if we don’t already have documentation through a pre-settlement legal funding application. Finally, we set up your first appointment with the medical provider. After that, you can communicate with the doctor or other healthcare provider directly.
Our Network of Providers and Facilities Offers Quality Care
And you can rest assured that our network of doctors, surgeons, and medical facilities are all fully licensed and accredited and provide quality care to all of their patients. The fact that your care falls under personal injury medical lien funding has no impact on the quality of care you receive.
If You Prefer a Medical Provider Who Won’t Work on Lien
If you need to see a medical provider who won’t work on a lien basis, we can help you with that as well. We can arrange payment directly to the provider for any procedure or care you receive. You might be in this position if you have formed a therapeutic relationship with a healthcare provider and want to maintain continuity of care.
How Medical Lien Funding Differs from Pre-Settlement Legal Funding
Personal injury medical lien funding is funding dedicated to your medical treatment. We pay the funds out directly to healthcare providers, surgery centers, and hospitals. While you benefit from the funding by getting the treatment, surgery, or rehabilitation you need, we control the funds. You never see this funding in your bank account.
With pre-settlement legal funding on the other hand, if you apply and are approved, any funds you receive are deposited directly into your bank account. You control the funds and can use them to pay for your living expenses as you see fit.
High Rise Financial provides both personal injury medical lien funding and pre-settlement legal funding. If you and your lawyer agree that one or both of these types of funding could help you financially and medically, we can help.
Our application and approval process is free, fast, and simple. We do not charge an application fee for either type of funding, and there is no interest or monthly payments with either option. In both situations, we consider the details of your injuries and your personal injury claim, rather than your creditworthiness, when providing funding.
Paying Personal Injury Medical Lien Funding Back
When you win your case, you pay back the personal injury medical lien funding you received. You may also have a separate medical lien from the hospital that provided your emergency care after your accident. You would need to pay that medical lien out of your settlement as well. Your lawyer may be able to help reduce the amount you need to pay back.
If you have Medicare or Medicaid and they help pay for at least part of your care after your accident, you may have to partially reimburse them if you win compensation. Workers’ compensation may do the same thing if you were injured on the job, then sued and won compensation from your employer. Your lawyer can help advise you on this.
If You Lose Your Case
In the event you take your case to trial and lose, you do not have to pay High Rise Financial back. However, you may still be required to pay the other agencies and medical facilities that provided care not connected to your medical lien funding.
Apply for Personal Injury Medical Lien Funding Today
If you need expensive medical care while you’re waiting for your personal injury case to settle, medical lien funding can help you get the care you need. You or your lawyer can start the application by filling out the form on our Medical Lien Funding page. We’ll launch the approval process quickly and help set up the first appointment.
If you have questions, you can start a live chat, or call us at (866) 407-6404.