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الخميس، 18 أغسطس 2011

Lawsuit Loans, Settlement Loans, And MIST Cases

Lawsuit Loans, Settlement Loans, And MIST Cases


That this subject which we will talk about a very important topic because it will promote your Read this issue


Many individuals who file claims against those who cause harm do so in what are called "MIST" cases. Individuals who file requests for either lawsuit loans or settlement loans in such cases frequently find that it is virtually impossible to obtain funding. However, due to the protean nature of these claims, certain funding entities are beginning to work with individuals who file these claims.

So, what is a MIST-case? The acronym really stands for "minor-impact soft tissue injuries." This is a term insurance carriers frequently attempt to use in virtually any motor vehicle collision. However, this appellation is almost certain to occur in those instances in which property damage to your vehicle is less than $2,000. Furthermore, the term is frequently applied to those cases in which individuals sustain injuries that are not readily classified as fractures (i.e., broken bones), disc injuries, etc. The most frequently encountered dilemma arises in delineating disc-injuries from those classified as merely "soft tissue injuries."

The reason such difficulty frequently exists is due to the provider's reluctance to obtain enhanced imaging (e.g., MRI or CT) of the tissues involved. Irrespective of the provider's good-intentions, it is virtually impossible to identify these pathologies on an x-ray. Sadly, many providers simply lack sufficient training in the evaluation and treatment of soft tissue injuries. Many providers are unaware of the fact that you cannot tell whether a disc herniation (a.k.a.: disc protrusion), disc bulge, or other type of disc pathology exists simply by using an x-ray. In most instances, providers will encounter a tremendous amount of opposition from an insurance carrier if they wish to obtain enhanced imaging.

Therefore, one may justifiably ask, how do individuals obtain lawsuit loans and settlement loans following injuries to the neck or back? More importantly, if the provider is unwilling to obtain enhanced imaging of the structures involved, is lawsuit funding even possible? The short answer to this question is, "No." This is true when dealing with most lawsuit funding companies. Therefore, it is certainly beneficial to work with litigation funding brokers who understand the market very well and are willing to solicit funding entities that will provide litigation funding in soft tissue injury cases.

Certainly, it is never appropriate for a lay individual to try to direct a provider in performing diagnostic tests that the provider determines are not medically necessary. However, it is important to realize that, too frequently, providers elect not to perform diagnostic procedures simply because they know they will encounter opposition from an insurance carrier. Thus, obtaining payment in such cases is made more onerous for the provider.

It is important to realize, however, that it is not the provider's ability to collect without encountering opposition from an insurance carrier that should be the final arbiter in determining whether a diagnostic procedure is performed. Rather, it is the patient's needs that should be that arbiter.

Yes, for those individuals seeking either lawsuit loans or settlement loans following any type of an incident that affects, principally, the neck or back, it is often difficult to obtain the funding they seek. However, when individuals work closely with litigation funding brokers who are sufficiently familiar with the Industry, they will often be able to identify those entities that will provide the financial assistance needed.

Learn more about obtaining lawsuit loans. Stop by our site where you can find out all about the benefits of obtaining settlement loans and what they can do for you.

Article Source: http://EzineArticles.com/?expert=Dr._Tom_Rhudy

Article Source: http://EzineArticles.com/6171571

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