The Employee Retirement Income Security Act of 1974 (ERISA) is a federal law that may require you to pay back any bills that your insurance company or health plan provider covered for injuries you sustained in your accident in Austin, Texas.
The right that your insurance company has to recover costs from your settlement or verdict is known as "subrogation." While subrogation may seem counter-intuitive at first glance, it actually helps ensure fair payments for all involved in a personal injury case.
If you've been injured in an accident in Austin, Texas and file a claim with your insurance company, and they pay for medical expenses, they may be able to seek reimbursement.
The ERISA and subrogation are complex areas of the law, and include detailed clauses and procedures. It's best to talk about your case with an experienced Austin car accident attorney who will know just how to look for subrogation legal clauses in your particular case.
As quickly as possible after your accident, talk about your car accident claim with an attorney, who can go over all the facts surrounding your claim, including your insurance company's subrogation policies.