What is Medical Payment Coverage or Med Pay?

What is “medical payment coverage”?

Medical Payment coverage, also referred to as Med Pay, is an extra coverage provided by insurance companies to cover expenses that are not covered by the Personal Injury Protection (PIP), such as deductibles. This coverage, unlike PIP, can be subject to subrogation, which means that if there is a recovery from a third party, the insurance company has the right to be repaid or reimbursed for the Med Pay amount.

Medical payment coverage is an amount of insurance money available to help pay medical bills while your case proceeds to some sort of resolution. You can purchase varying amounts, and you should not waive this form of coverage. It covers medical expenses beyond what is paid under personal injury coverage. It applies whether the injury occurred in your vehicle, another person’s vehicle, or while you were a pedestrian.