In 2014, an estimated 2.5 million people visited an emergency department for a Traumatic Brain Injury-related injury, 13.2% of those with a TBI diagnosis in the ED were due to a motor vehicle accident.
From 2006 to 2014 there was a 24% increase for TBI-related ED visits as a result of motor vehicle crashes according to the U.S. Centers for Disease Control and Prevention (“CDC”). A majority of these ED patients, over 2.2 million, were treated and released from an emergency department with no hospitalization.
An estimated 1 in 3 adults with an established credit history — or 77 million people — are so far behind on their debts that their account has been put “in collections.” And statistics support that about half of these collection cases involve debt collectors seeking to collect on unpaid medical debt. This is a highly stressful situation that many plaintiffs in personal injury cases find themselves in.
HMR Funding can help to keep medical debt collectors at bay by paying to purchase the plaintiff’s medical bills and even providing cash for living expenses as they recover from their accident. Plaintiffs who are injured often have no medical insurance or they may have limited funds to pay for the medical care they require. In other situations, they may have health insurance but high insurance deductibles cannot be afforded to pay or policy limits that are too low to provide desperately-needed medical care. We are personal injury medical funding experts and specialize in catastrophic cases, which many funding companies avoid.
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