BOCA RATON, Fla., Sept. 4, 2012 /PRNewswire/ -- Florida P.I.P. Law Firm files over 100 lawsuits each week to collect debts owed to medical providers, by some of the largest auto insurance companies in the country.
Florida P.I.P. Law Firm (http://www.wesetthestandards.com/) has become one of the fastest growing law firms in South Florida specializing in Florida's Personal Injury Protection law, known as PIP. The firm helps to reduce medical providers' financial stress by forcing insurance companies to pay more money per claim. It does this by getting the insurance company to stop improperly reducing medical bills.Since January, the firm has used its streamlined digital operations to expedite the collection of receivables, resulting in several million dollars recovered on behalf of medical providers.
The Florida P.I.P. Law Firm said some auto insurance companies were causing medical providers monetary strain by holding off payments until year end, or only paying about 50 percent of the billed amount instead of the 80 percent which is mandated by Florida law. By improperly reducing the payable amount, medical providers are forced to stop or reduce patient treatment, and forced to file a lawsuit against the insurance company.
"Often, people who are injured in auto accidents do not have health insurance, and they would be left with no medical treatment if their auto insurance company wrongfully refused to pay for their auto related injuries," said founding attorney Abraham Ovadia.
"We can be more effective than a medical provider's account-receivables department because auto insurance companies know that we will sue them immediately. By not having to pay a lot of attorney's fees, they're more disposed to settling, and collecting quickly," said Ovadia.
The firm works completely on contingency; no recovery, no fees or costs. Services include sending a small team of auditors to find out which medical bills were underpaid, submitting a letter to the insurer requesting proper payment, and filing a lawsuit if necessary. Many medical providers lack resources to send out demand letters to auto insurance companies.
Medical providers are frequently surprised to see how much money they had "sitting in storage boxes" when they could have used that money to grow their practice.
Media contact: Iviani Figueroa, 561-750-9800 x233; [email protected].
SOURCE Florida P.I.P. Law Firm