STRUCTURING MEDICARE SET-ASIDES
What is a MSA Structured Settlement?
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Claimant will receive a small immediate payment for the Seed Amount and Future annual payments over time rather than a lump sum today.
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Provides claimants with a secure, predictable tax-free income to pay Medicare reimbursable expenses.
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Is a claims resolution tool beneficial to all stakeholders.
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When to Structure a msa
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Any MSA over $25,000 or more And
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The injured worker is expected to live at least 10 years.
Also Consider Structures on WC Indemnity Claims:
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Survivorship Claims - Replacing spouse or Children Income.
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Any Severe Injuries with shortened life expectancy.
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Minor or Mentally Incompetent person
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Claimants with limited investment or financial skills.
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Plaintiff demand and offer are FAR apart.
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Advantages of funding MSA's with Periodic payments (structures)
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Reduces settlement costs.
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Guaranteed Payments from A rated Life Insurance Companies.
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Protects MSA funds.
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Medicare Approved.
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Close more claims, quicker.