Treatment Financing

BridgePoint can help

Personal injury claimants are highly vulnerable to situations where their medical, rehabilitation and other "treatment" benefits have been exhausted or unreasonably denied by their insurer. In many situations, the denial or exhaustion of these benefits:

  • Delays or denies individuals' access to reasonable and necessary treatment and rehabilitation services;
  • Denies counsel access to important expert assessments; and ultimately
  • Increases the risk that the individual may try to settle their claim prematurely.

Assisting with your client's recovery

BridgePoint offers treatment financing to ensure claimants have continued access to necessary treatment-related services on a timely basis. Depending on the province, "Treatment" covered under this programme may include:

  • Medical/rehabilitation services;
  • Counselling services
  • Attendant care
  • Transportation services
  • Residence, workplace or vehicle modifications or purchases
  • Other "benefits" as provided under provincial accident benefits schedules.

Features & Benefits

In addition to facilitating claimants' rehabilitation and re-integration into their family, social and work place environments, our Treatment Financing Programme offers the following features and benefits:

  • Treatment loans are provided to the claimants themselves, though funds are administered by counsel
  • Counsel is not a guarantor for the treatment loan in the event the claim is unsuccessful (i.e. no violation of rules of Professional Conduct precluding loans to clients by counsel)
  • Funding can be offered through individual loans to cover specific treatment expense or through a credit facility to cover expected or ongoing treatment expenditures
  • Enables claimants to fulfill their duty to mitigate their damages
  • Our term sheets (financing commitment letters) can add leverage to counsel's negotiations with insurers
  • Interest charges (18% to 20%) may be recoverable from the accident benefit or tort insurer (click here to review precedent decisions).

Our process

As with all of our lending service programmes, BridgePoint has established an efficient system for evaluating treatment loan applications that is designed to minimize the administrative burden for law firms and their clients. The process can be completed within 24 to 48 hours of receiving the relevant requested file information. For additional information on our Treatment Financing Programme including a full description of our loan terms and sample documentation, please contact us.

At BridgePoint we take pride in our efficiency and the promptness of our application process. We offer several application options, including an online version that is both quick and easy to complete.

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I was hit by a car while cycling and in the hospital for 5 weeks with multiple skull fractures. I was unable to work, my life was very stressful, my finances were gone and BrigePoint saved the day! I'm thankful that they relieved my financial stress and allowed me to be a little more positive in my recovery. Thanks again.

Client of Bronson Jones Injury Lawyers

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