It depends on your state.
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Submitted 660 days ago...
You have been receiving treatment since 1999 at a cost of 12x250=$3000 per year, a total cost to the insurance company of $30,000. Depending on your age, this could go on for another 20 years until you are age 65 (retired). I would think the insurance company would be willing to double or triple their offer to get rid of you, don't you. Why don't you ask for $25,000 and settle for $15,000. Be prepared to write them a letter, politely explaining why your proposed amount is reasonable. Or you could consult an agent that deals with insurance company's on the client's behalf, an insurance adjuster. These people will charge a commission, but will have more specific ideas of what they can get for you, and will negotiate on your behalf.
This answer was edited by Trove882 246 days ago.
Reason: spelling
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