Future Medical Allocations 101

If you’re looking for a way to increase your settlements (and who isn’t?), then Future Medical Allocations (FMAs) could be the answer.   FMAs are a great leverage tool and are used to provide client protection and maximize case value. They safeguard a plaintiff’s future benefits and protect the firm from unnecessary risk. Any case…

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What Kind of Cases Benefit from a Future Medical Allocation?

What Kind of Cases Benefit from a Future Medical Allocation?

Do you have questions about what kind of cases benefit from projecting out future medical costs?   Let’s take a look at a few scenarios:  Any case that has any future care with some treatment and Rx. If you feel like you can increase your case by $5k, you can utilize our allocation. This includes…

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Do you need an MSA? Questions to Ask

Wondering if you need an MSA for your Auto or Liability case? Medicare Set-Asides are a vehicle to make certain that Medicare maintains its “secondary payer” status. If payment can reasonably be expected to be made under an automobile or liability insurance policy, they are defined in the statute as a “primary plan.” It then…

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What Does an MSA Cover?

Do you have cases that need a Medicare Set-Aside (MSA)? Or maybe a Medical Cost Projection is a better fit? Let’s review what IS and IS NOT in a Medicare Set-Aside.    Medicare Set-Asides cover the basics of medically necessary treatments and prescriptions:  Medicare Part A Covers: Hospital care, home health care, skilled nursing facility,…

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Todd Franklin Presenting at Lake County Board of Commissioners’ Workers’ Comp Seminar

MASSIVE’s CEO, Todd Franklin, will be presenting at the Lake County Board of Commissioners’ 7th Annual Workers’ Compensation Seminar in Crown Point, Indiana on Friday, December 9 at 11:30 a.m. CST.   Key content to be examined includes:  Laws and Regulations Behind MSAs  Version 3.6 Update   LMSA Requirements: A Technical Review  What Does CMS’ Proposed…

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Ryan Weiner, COO of MASSIVE, Presenting at 2022 WILG Annual Convention

Ryan Weiner, Esq., MASSIVE’s COO and experienced lien resolution attorney, joins other industry experts to present at the 2022 Annual Convention. Ryan and the panel will be discussing Medical Liens, Medicare Set-Asides (MSAs), and Administration, along with a Q&A session at 2:15 p.m. (MST) on Friday, September 30.   Be sure to register for the…

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Why Private Insurance isn’t a Replacement for MSAs

Medicare Set-Asides (MSAs) are not required by law. Rather, MSAs are designed to prevent Medicare from paying for case-related care after a settlement. But wait, doesn’t other insurance prevent Medicare from paying for that future medical care too?   It does. If it will pay.   Many health insurance plans will not cover case-related care…

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Medicare Set-Asides: How Do You Know Your MSA is Enough?

Medicare Set-Asides (“MSAs”) are not a legally required tool. But they have significant value in protecting funds that will pay for an injured-person’s post-settlement, future medical care. These funds are necessary because 42 USC 1395y makes it illegal for Medicare to cover that medical care. But how can you be certain your MSA is enough?…

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What the Law Says About MSAs

Medicare Set-Asides are never discussed in any United States’ statute.   Even the term “protect Medicare’s interest” isn’t in the Medicare Secondary Payer Act. That term comes from a 2005 “Q&A Memorandum” from CMS. So, what does the law say?   42 USC 1395y(b)(2)(A) states that Medicare may not make payment for case-related care if…

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