Understanding the Benefits of Treatment Financing

If you are involved in a personal injury case, are unable to work and require specialized medical and rehabilitation services to treat injuries suffered in an accident, CaseMark’s treatment financing programs can assist.

Treatment financing is a loan product that is complementary to CaseMark’s settlement loans. We offer treatment financing to eligible applicants when their medical and rehabilitation benefits have been denied, delayed by their insurer or if they’ve exhausted their medical and rehabilitation insurance limits. These treatment financing programs are used in conjunction with a settlement loan to help victims pay their bills, make rent or mortgage payments and manage the financial pressures often created during the rehabilitation period.

Victims in personal injury cases are expected to mitigate damages, but it can be difficult to do if treatment has been denied or benefits have been exhausted.

What Treatment Financing Can be Used For

If you qualify for treatment financing, the following services may be covered:

  • Medical/rehabilitation services
  • Attendant care
  • Medical assessments
  • Transportation services
  • Counselling services
  • Residence or vehicle modifications or purchases
  • Vocational or academic training
  • Other "benefits" provided under provincial accident benefits schedules

CaseMark is also able to provide claimants with a term sheet to help your legal counsel obtain any specialized medical or rehab treatment that has been denied by your insurance company. A term sheet is used to forewarn your insurer that your legal counsel will be seeking a loan to cover living expenses or to pay for medical services that have been denied. The term sheet may expose the insurer to financing costs incurred by the client as a result of denied treatment. It is also used to let your insurance company know that you will be looking to recover interest on your treatment financing loan.

Get Back on Your Feet, Quickly

CaseMark’s treatment financing programs are designed to ensure that your focus is on recovering from your injuries so you can get back to work and resume your regular as quickly as possible. Treatment loans are offered directly to claimants or administered by counsel

Similar to our settlement loans, counsel is not a guarantor of CaseMark’s treatment loan if your claim is unsuccessful. It’s important to remember that with CaseMark, lawyer fees and disbursements always come before the repayment of your treatment financing loan. You may also be able to recover the interest on a treatment loan from your insurer if it’s used to mitigate damages.

Claimants can apply for CaseMark’s treatment financing at any stage of their claim. We’re committed to ensuring you receive the medical, rehabilitation or attendant care you need to help you recover as quickly as possible and relieve the financial pressures.

If you’d like to learn more about CaseMark’s treatment financing options, don’t hesitate to reach out to us today or give us a call at 1-800-763-0025.

Understanding the Benefits of Treatment Financing - Casemark Financial

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