Medicare Set-Asides
A Medicare Set-Aside (MSA) is money set aside from a settlement to cover future case-related medical care and expenses that would otherwise be paid by Medicare. Essentially, it’s a special savings account dedicated to Medicare-covered expenses related to your injury.
Medicare Set-Asides
Preserve Your Future
A Medicare Set-Aside (MSA) is money set aside from a settlement to cover future case-related medical care and expenses that would otherwise be paid by Medicare. Essentially, it’s a special savings account dedicated to Medicare-covered expenses related to your injury.
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For injured plaintiffs, an MSA protects your future Medicare benefits while ensuring your accident-related medical needs are covered after settlement. If Medicare’s future interests are ignored, Medicare could deny future payment for treatment related to your injury.
Planning Ahead
Protect Your Plaintiffs
Failing to consider Medicare’s future interests in cases with Medicare-eligible or soon-to-be Medicare-eligible plaintiffs can bring settlement negotiations to a standstill. Paramount’s approach to MSAs reopens dialogue while protecting clients and attorney practices.
As an attorney, including an MSA as part of a comprehensive settlement plan demonstrates to clients that you care about their long-term interests, including access to vital accident-related medical care. An MSA is just another important step in safeguarding the injury victim’s future health and financial security.
