What is Med-Pay?

If you get in a car wreck in Colorado and you’re wondering how you're going to pay for your bills, look at your insurance card.

If it says you have Med-pay coverage, that stands for medical payment coverage. Most cases, people get about $5000 in Med-pay, and that simply means if you get in an accident, you have a $5000 budget that you can spend on paying providers to treat you for the injuries from that wreck.