Visit http://www.Settlepro.com / Call 888-MSA-PLTF (888-672-7583).
Settlement Professionals Chairman Jack Meligan provides a Year 2015 wrap up and gives a quick intro to The Plaintiff's MSA Solution, providing MEDICARE SET-ASIDE ANALYSIS & ADMINISTRATION FOR PERSONAL INJURY PLAINTIFFS ONLY.
SPI has already saved personal injury victims millions in Medicare Set-Aside over-funding. Keep more settlement dollars in your client’s pockets with MSA services from SPI.
A Medicare Set-Aside is an amount that is voluntarily “set aside” from a personal injury settlement to pay for injury related, Medicare-allowable, healthcare expenses during the Medicare beneficiary’s lifetime. A voluntary MSA effectively caps a plaintiff’s exposure to Medicare for settlement-related and Medicare-allowable expenses, limiting the amount of money Medicare allowable costs can claim from a settlement.
The smaller the MSA, the more settlement dollars your client has left for other important expenses.
SPI’s MSA Allocation Service is the settlement industry’s finest and most strategic.
1.Registered Nurses review and audit your clients medical and billing records before creating an MSA Allocation Study. (If the victim’s circumstances qualify, we’ll provide a letter stating that no MSA is required – avoiding MSA funding entirely.)
2.If an MSA is required, it is rigorously prepared by our RN-MSCC credentialed nurses. Our RNs challenge unrelated past medical, overstated amounts and unnecessary treatments to strategically minimize the MSA amount.
3.Finally, SPI has developed innovative strategies for reducing MSA funding requirements even further for eligible settlement recipients. Contact us today for more information about this revolutionary approach.
MEDICARE SET-ASIDE ANALYSIS:
SPI wants you to keep as much of your settlement as you possibly can, so we have the industry’s most thorough and knowledgeable analysts fighting to help you avoid or minimize the amount you set aside to pay Medicare-allowable future expenses. To avoid having to expend the equivalent of your entire settlement on Medicare-allowable future expenses, many plaintiffs have opted to voluntarily create and fund an MSA account by first obtaining from us a personalized and strategically minimized MSA allocation analysis.
Our registered nurses will personally interview the plaintiff, analyze the plaintiff’s medical and billing records, and then create a recommended MSA allocation. This minimized allocation account (usually a small fraction) of this settlement is then placed into a professionally administered MSA account.
By law, once the plaintiff’s MSA account has been used up, Medicare is then responsible for paying the plaintiff’s Medicare-allowable, settlement-related medical bills for the rest of their life. If the plaintiff passes away with money remaining in their MSA account after all the final bills have been paid, the balance is then paid to their estate or named beneficiaries.
By law, Medicare is a secondary payer. If an injury victim has any other means of payment – including a settlement or award – that coverage must be used to pay for the injury-related, Medicare-allowable medical expenses.
A Medicare Set-Aside, as the name suggests, is money from your settlement that has been “set aside” to cover these expenses. The more money you set aside, the less money you have for all the other things you need. Our goal is to help you strategically minimize the amount that goes into a Medicare Set-Aside account.
MEDICARE SET-ASIDE ADMINISTRATION:
Make sure you are preserving your Medicare eligibility. SPI offers professional administration services that comply with the Centers for Medicare and Medicaid (CMS) rules. Whether through a trust arrangement or custodial agreement, professional administration gives you the confidence that your MEDICARE SET-ASIDE is being properly managed according to Medicare’s strict guidelines.
Our professional administrators will review your medical bills to identify opportunities to reduce expenses, negotiate bills, pay Medicare-covered expenses and communicate with medical providers. We will also report your MSA expenditures to the CMS, advising them when the exhaustion of your MSA results in Medicare becoming your primary coverage provider.
Jack Meligan's short video welcoming people that are looking for the "2 Ways To Avoid An MSA" How-To Guide. If you are interested in receiving more FREE information about our unique MSA and MSP Compliance services FOR PLAINTIFFS, or wish to discuss your client's situation and whether MEDICARE issues will effect their settlement, call us at 888-MSA-PLTF (888-672-7583).
Jack Meligan of The Plaintiff's MSA & Lien Solution provides a video of an initial consultation regarding MSA questions and strategies.
At this time there are no rules, guidelines, laws or regulations on Liability MSA's. Therefore we believe that Liability MSA's are voluntary and should and can be strategically minimized to the absolute lowest amount possible. The smaller the MSA, the more settlement dollars your client has left for other important expenses.
SPI has already saved personal injury victims millions in Medicare Set-Aside over-funding. We guarantee that you will keep more settlement dollars in your client’s pockets with MSA services from SPI.
A Medicare Set-Aside is an amount that is voluntarily “set aside” from a personal injury settlement to pay for injury related, Medicare-allowable, healthcare expenses during the Medicare beneficiary’s lifetime. A voluntary MSA effectively caps a plaintiff’s exposure to Medicare for settlement-related and Medicare-allowable expenses, limiting the amount of money Medicare allowable costs can claim from a settlement. So, while definitely NOT required by law, an MSA may still be a good idea and serve a useful purpose.
We believe that Liability MSA's should be strategically minimized to the absolute lowest dollar amount possible.