Ok... it came up in a seperate thread...
Originally Posted by Gas Man
Please understand... that your employer supplied medical insurance won't always cover you in a auto or a MC accident. Depending on your states laws and coverages. Call your auto/mc insurance agent, as well as your medical insurance to find out what's what.
This is quite important. Otherwise if in your time of need you are wrong and under-insured your family will be holding a charity dinner/raffle for your medical bills.
ALOT OF THIS DEPENDS ON YOUR STATE LAWS!!!!
Your employer supplied medical insurance (lets call it your HMO) does NOT always cover you in a auto and/or MC accident. Further, some states law's (Michigan is one) are written differently for auto vs MCs.
When you're not covered by your HMO you have to carry medical on your auto/mc insurance. Its not expensive. It sometimes comes as a flat rate coverage (sky's the limit coverage) or you buy it in chunks (I carry $40,000 on my MC) of coverage.
THIS SHOULD BE DISCUSSED WITH YOUR AUTO/MC INSURANCE CARRIER (they are usually up to date on your state's laws) AND YOUR "HMO".
In many cases its a matter of WHO (which comany "HMO" or auto) pays first. If your HMO wants to be second to pay, that means you have to carry medical on your auto/MC. If your HMO will pay first, find out how much they will pay (some states like Michigan have no cap on how much the first payer has to pay, so the second person never has to pay). If not like Michigan, you then carry whatever you think you might need above and beyond what the first company pays.
I'm sorry this gets confusing...
My main point. Just because you have a "HMO" doesn't mean you are covered if you smack your head during a auto/MC accident and find yourself in a ambulance ride to the hospital.
Final thought... its better to be over insured then under insured. Nothing like going into debt cause you didn't do your homework!