Medicare Set-Asides

The Centers for Medicare/Medicaid Services (CMS) requires their interests be protected prior to any settlement of the medical portion of a claim for qualified individuals. CorVel offers our clients CMS compliance by utilizing qualified and specially trained Medicare Set-Aside Consultants experienced with CMS requirements. Our services are comprehensive and seamless, from development and submission of the Set-Aside Allocation Report through the completion of final executed settlement documents.

Read about 2009 legislation

Why are Medicare Set-Asides Arrangements necessary?

Medicare Secondary Payer laws are intended to prevent the shift of financial responsibility from primary payers to Medicare and therefore, place significant responsibility on all parties involved in the settlement of Workers’ Compensation cases. The recommended method to protect Medicare’s interests is a Medicare Set-Aside Agreement (MSA), which allocates a portion of the workers’ compensation settlement for future medical expenses.

CorVel MSA Program Services:

  • Development of Comprehensive Allocation Report
  • Free initial consultation to determine need for MSA
  • Obtain any necessary rated age information
  • Assistance with outstanding conditional payment status
  • Assistance with Social Security/Medicare status
  • Assist and prepare all necessary forms

CorVel MSA Program Benefits:

  • CorVel offers one of a kind, long lasting relationship with CMS
  • Comprehensive solution to meet all of your needs
  • Fast turnaround time
  • Continuous communication & follow up with all necessary parties
  • Onsite claim file copying available – Free!
  • Expedited settlement agreement

CorVel Features Nurses Certified as:

  • Medicare Set-Aside Consultants
  • Life Care Planners
  • Members of the National Alliance of MSA Professionals

Please contact us today for more information.

 

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