Anyone who has been seriously injured in an accident knows how stressful it is to deal with the aftermath. Emergency medical services, follow-up health care, and possibly even ongoing care stretching on for months or even years into the future, not to mention, time taken away from work to recover from your injuries and the potential inability to meet your obligations to your family, all of these stresses throw a monkey wrench into the comfort and ease of the life you’ve become used to.
In many cases, your one sense of comfort comes from knowing that you have good health insurance, and that this trauma is not going to create financial hardship when bills start coming in. You’ve paid your insurance bill, been responsible, and lived up to your end of the insurance bargain.
Reasons Behind Health Insurance Denials
The fact is, anytime you deal with a hospital, whether you are in the emergency room or are being treated in the hospital itself, the costs can seem to get out of control very quickly. Unfortunately, when the medical bills from an accident related injury or serious illness start getting extremely large, sometimes insurance companies begin to balk at actually paying the bills.
Is your insurance company refusing to pay a valid claim on your policy? Contact an experienced Denver insurance dispute attorney today to discuss your options. The right attorney, one who is experienced and not afraid to go up against the big insurance companies, will work on your behalf to make sure your legal rights are protected, and that you get the maximum amount of fair compensation possible for your injuries.
Insurance Companies are Businesses Looking to Make a Profit
It’s important to keep in mind that an insurance company is a for-profit business, which exists to make money. It does this by charging more money in premiums than it pays out in claims. In most cases, insurance companies pay out on their claims as stipulated in the policies, but in some cases, they try to increase their profit by denying claims, or by offering to settle claims for an amount of money that is not sufficient to cover the bills.
You’ve lived up to your end of the bargain, and now it’s the insurance company’s turn to make sure you get the fair and just compensation you deserve for your injuries, so that you can pay expensive medical bills, and so that your family’s future isn’t ruined because of the negligent actions of another person.
Contact our Denver Bad Faith Insurance Attorneys
If you have had an insurance claim denied or believe that you have been the victim of bad faith practices by your insurance company, contact the Gold Law firm today. The Gold Law firm has successfully handled numerous bad faith lawsuits throughout the state of Colorado and will always work to negotiate a full and fair settlement. Contact the Gold Law Firm today for a free consultation at (303) 694-4653.