Eventually the at-fault person must pay all damages which flow from the accident. This takes place when the parties agree upon fault, the reasonableness of all medical bills, and the value of your pain and disruption of life. If an agreement is reached on all aspects of the claim, a settlement agreement and release is prepared which forever bars either party from seeking future money. At that point in time, the PIP provider is also reimbursed for the medical bills they paid.