Structured Medicare Set-Aside Settlements

Structured Medicare Set-Aside Settlements

January 31, 2013 – While most parties involved in settling Workers’ Compensation claims are familiar with the concept of Structured Medicare Set-Aside Arrangements (MSAs), it remains a surprisingly underutilized approach to satisfying the parties’ obligations under the Medicare Secondary Payer (MSP) laws.

That’s why we were pleased to read the straightforwardly titled “The Value of Using Structured Settlements When Addressing Medicare Set Asides” published on Amaxx Risk Solutions, Inc.’s website yesterday.

The article hits all the high notes and provides an excellent example of how MSAs can work to the advantage of both parties:

Because the structured MSA can potentially lower the cost of satisfying the MSP obligation, the defense can benefit in cost savings.

Because the structured MSA can “free up” some of the settlement dollars, the injured worker can potentially end up with more cash at settlement while ensuring medical needs are properly addressed.

We compliment author Rebecca Shafer, JD on a terrific piece on a timely topic.

For additional information on structured settlements and for MSA quotes, please call us anytime we can help.

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