Are You Injured and Uninsured?

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Every year, millions of Americans suffer personal injuries resulting from a variety of different types of accidents. Sometimes these injuries are permanent, causing ongoing pain and suffering and altering a person's life forever. Anyone of us could be injured as the result of an accident caused by the negligence of another, and all of us would want to be financially compensated for our pain and injuries.

What are Damages?

If you are physically injured as a result of another party's intentional or negligent actions, you are entitled to receive compensation for the harm done to you. The legal term ‚¬"damages‚¬ refers to a legal remedy, usually money, that individuals are entitled to if they are injured by another. Depending upon your injuries and the circumstances you may be able to be compensated for:

€" past and future medical expenses
€" lost wages
€" future earnings
€" pain and suffering
€" disfigurement
€" permanent disability
€" loss of enjoyment of life
€" loss of consortium (benefits of a relationship)

Lack of Medical Insurance

Although an experienced and competent personal injury lawyer should be able to garner you a fair settlement or verdict, personal injury lawsuits can take up to two years to come to resolution. However, if a personal injury victim does not have health insurance coverage, they may not be able to wait that long. Unfortunately, more and more Americans are finding themselves in this very predicament.
The number of uninsured Americans has increased, as unemployment has caused many individuals to lose their employer provided healthcare insurance. According to the U.S. Census Bureau, as of 2010, 16.3 percent, or 49.9 million Americans were without healthcare insurance. The Centers for Medicare & Medicaid Services reported that in 2010, healthcare expenditures in the United States totaled nearly $2.6 trillion, an average of $8,402 per person. For an injury victim requiring extensive medical treatment, lack of medical insurance coverage can be both emotionally and financially devastating.

Lawsuit Medical Funding

Unpaid medical bills in addition to an extended period of loss of employment earnings could drive a personal injury victim into bankruptcy. However, lawsuit medical funding for uninsured personal injury plaintiffs is available. There are lenders who specialize in providing lawsuit financing to personal injury plaintiffs with good cases in exchange for a financial interest in their case. Some lenders offer risk-free, non-recourse advances which do not require repayment if the case is lost. A pre-settlement cash advance is an effective financial solution for accident victims without health insurance.

Case Funding Inc. is a New York based specialty finance company and industry leader in providing litigation funding solutions to attorneys and law firms. Pre-settlement and post-settlement working capital loans enable attorneys to; invest in their cases in the form of expert witnesses, pay operating expenses and marketing costs and better manage cash flow. For a free confidential consultation, please contact us or fill out our secure contact form.
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