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Question about Settlement(Disbursement)) for auto accident & attorney fees & medical expanse
Anonymous3 views5 answers
Gross offer from insurance company : $7,899,89
Less Attorneys fees: 33% : $2,633,30
Less Attorney discount : $571.61
Subtotal : $2,061,69 ------------------------>$5,838.20
Less surrogated Medicals: $5,5546,30 XX insnare paid by pip, : $1,944,61
Less 33% proportionate fees : $3601,69 -------------------------------------------->$2,236.52
Less attorneys costs: $136.52 ------------------> $2,100.00
Total to client : $2,100,00
I dont understand about Less surrogated medicals parts..
it was 100% other divers fault and i used my $10,000 PIP
and I want to know if my attorney did this correctly
and can anyone explain me about $5,546.30 / $1,944.61 / $3,601,69 -> $2,236.52
how did they came up like that??
i thought you don't have to pay PIP and why my attorney paid PIP so i get so less $?
You need to reread the contingency fee agreement that you signed. It will spell out how each category of funds is treated as to the attorney's fees. Good luck.
Adam A StudnickiPersonal Injury LawyerScottsdale, AZ ·
Make an appointment and ask your lawyer to explain it to you. I don't practice in WA, but it's common in many states that some or all of the medical liens have to be repaid from a recovery.
This is always a challenge to explain to clients, but it is your attorney's job to explain how those numbers work.
If your insurance company (PIP, health insurance, etc.) pays for your claim related medical treatment, it does so conditionally. The condition is, if you collect money from the party responsible for your injuries and it is considered "full compensation," then your insurance company gets reimbursed from the money that is collected from the at-fault insurer, less a discount for attorney's fees and costs.
This also happens if your insurance company pays for the repairs to your car. Your company pays initially, but since the other driver caused the damage, the other driver's insurance company pays yours back. The only difference with bodily injury settlements, is that a discount is applied due to attorney's fees and costs.
I would suggest you speak with your attorney, and have the attorney go over the numbers again.
