For Cyclists, Health Insurance is Not Enough

As cyclists, we know that crashes happen. That’s why cyclists emphasize safety so much. Usually, it’s fine – just scrapes, bruises, and a wounded sense of pride. But sometimes, it’s not. And when it’s not, cyclists do what any community would do – come together to support each other. Often, that takes the form of a fundraiser. But what happens at a fundraiser? We raise a few thousand dollars – which is great – but it isn’t enough.

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Jay WyssComment
Financial Pain in the ER

If you ever have a crash that lands you in the ER, be prepared for the pain - in your wallet. The latest ploy to separate you from your money is something called the “trauma activation fee”. Basically, it’s an admission charge assessed when you go through the front door of the hospital emergency room, billed on top of the actual costs for any medical services you might incur.

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Check Your Event Liablilty Policy for Unneeded Coverage

As a cycling event organizer, you need liability protection, so you go out and buy it. No problem. What you may not have noticed, however, is that your liability policy may have automatically obligated you to purchase an additional coverage - something called participant accident medical insurance. If the fine print says that the participant accident coverage is “excess”, it is almost completely useless. Because the premiums are small and generally lumped in with cost of the liability insurance, many event organizers do not even notice that they are paying for this extra coverage. 

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The (Financial) Costs of a Cycling Injury

Cycling’s popularity continues to rise. Today, there are more than 66 million riders on roads, trails and tracks, and they ride for many reasons – exercise, sport, fun, commuting. As we’ve entered spring, I’ve seen more and more fellow riders enjoying the sport in my hometown. You see them whirring past you on the street, hear the bells dinging, and see bikes locked up outside of stores & restaurants. It’s the 21st century bike boom, and I for one love it. This certainly explains why cycling injuries are on the rise as well – there’s more of us. 

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