Lock your Liens with MASSIVE
August 27, 2024
Medicare’s Final Conditional Payment Process is a crucial aspect of handling Medicare liens in legal settlements.
Here’s how it works:
- Locking Lien Amounts: The process allows law firms to lock lien amounts for a three-day period surrounding the expected settlement date. This helps in determining the precise amount owed to Medicare.
- Once initiated, there’s a 120-day window to complete the process. If the settlement doesn’t occur within this timeframe, the option to lock the lien is no longer available for that claim.
- However, even if the settlement process extends beyond the 120-day period, Medicare’s final lien can still be obtained after the settlement.
- Typically, it takes around 30-45 days from the initiation of the process to dispute the claim. There are multiple steps involved, and the law firm receives detailed updates throughout the process.
Overall, this process is intricately designed to provide clarity when resolving Medicare liens associated with injury settlements. Call Todd Franklin, Partner at MASSIVE, at 248-213-8700 to learn more about how MASSIVE can help lock your lien amounts and improve results!