Protecting Your Interests After a Car Accident: Understanding a Lien Agreement

In the aftermath of a car accident, you will need to make contact with a variety of different types of entities. These include insurance companies, but also health care providers of different types. Not only do you need to be cautious of documents you sign related to insurance claims you must also take care when it comes to paperwork provided by a healthcare provider.

When you seek medical treatment following an accident, you need to understand that some healthcare providers will provide you with what is called a “Lien Agreement.” The Lien Agreement is likely to be part of the packet of initial intake forms provided to you by a healthcare provider.

If you are like the vast majority of people, you sign whatever is handed to you by a healthcare provider. This is particularly the case when you are injured and not feeling your best. The reality is that there is a great deal of truth in the long-used adage that you must – must – read and understand what you sign.

In addition to reading and understanding what you actually sign, when it comes to documents provided to you following an accident, there are certain agreements that you must not sign. The Lien Agreement is one of them.

A Lien Agreement from a healthcare provider is designed to give the doctor or hospital the ability to bypass your health insurance company and engage a lien company to pay for the services provided to you. Signing this agreement will lower the amount of recovery you personally receive when your claim is settled or when you get a judgment in a lawsuit.

The challenges of navigating the paperwork you face following an accident underscores the need for capable and experienced legal assistance in the aftermath of an accident. The attorneys on our legal team at Harding & Associates stand ready to schedule an initial consultation with you. You can schedule a no-obligation, no-cost initial consultation by calling our offices at 800-878-7888 or 303-762-9500.

During an initial consultation, we have the opportunity to begin to evaluate your case. We can also explain to you the full range of legal services we can provide to you in the aftermath of an accident.