What are assignments of benefits?

QUESTION:

What are assignments of benefits?

AND THE ANSWER IS:

When you go to the hospital or doctor’s office you will sometimes be required to sign an Assignment of Benefits agreement.  By signing this, you are agreeing that the medical provider will get paid first out of any settlement proceeds you get from your case.  The agreement is never to your benefit and only to the medical providers.  They now have a lien on your case.  You do not have to sign these, but some medical providers will not see you if you don’t.  Show them your health insurance card and ask them to accept that instead.