Auto insurance providers pay for some or all medical injury claims that are sustained in automobile accidents in the United States depending on the terms of the policy. The dollar amounts involved are based on an analysis of the amounts that all U. S. auto insurance providers paid for automobile injuries in 2007. The total was $35 billion.
The entire cost of auto injury health care will be taken over by health insurance providers according to the terms of the Affordable Care Act.
The researchers indicate that the cost of automobile liability insurance may be reduced as much as five percent. The researchers do not claim that the policy holder will actually get a discount on their automobile insurance. The effect will depend on the auto insurance company and how it is structured as well as the driver and their accident record. The state a person lives in and that states compliance with the Affordable Care Act may also be a factor.
The end result will be an increase in health insurance costs for the individuals that actually pay for health insurance but automobile liability insurance may decrease.