assignment of benefits 16:34 Aug 19, 2010
The insured person is entitled to receive the benefits ($$$) for the damages/costs he/she incurred - but if the costs are of/for medical treatment, the medical provider will get the $$$ directly from the insurer. For this, the medical provider has to accept that the insured person rights are assigned to them instead. In plain English: in a normal situation, the insured person pays the doctor, then claims benefits from the insurer and eventually the insurer pays the insured. If the rights are assigned, the insurer pays the doctor directly, but after a long time (so they may accept this or not). |