BREAKING NEWS from the Louisiana Supreme Court
On December 9th 2022, The Supreme Court of Louisiana concluded in George v. Progressive Waste Sols. of La, Inc., 22-01068, 2022 WL 17546741 (La. 12/9/22) that the defendant cannot benefit from any reduction from a medical factoring agreement where the plaintiff is responsible for the full billed amount.
The Supreme Court of Louisiana states that “[i]n the absence of any evidence that plaintiff is not liable for the full billed medical charges in this matter, defendant cannot benefit from any reduction as a result of the subject medical factoring agreement.”. The case was Reversed and Remanded.
This ruling further shows that medical factoring can be leveraged in a responsible and defensible manner in Louisiana for personal injury cases where your plaintiff may not be able to afford their needed medical care due to a lack of insurance or inadequate insurance coverage.
At HMR Servicing, we help uninsured and underinsured personal injury victims obtain quality medical care.
As an industry leader in medical funding, we have had the opportunity to fund several thousand cases nationwide and that number continues to grow year after year with a primary concentration on funding catastrophic injury cases for plaintiffs who are uninsured.
We are one of the only companies in the country that are able to fund large brain injury cases for patients involved in litigation.