Mass Tort Lien Resolution Programs Speed the Process

Mass tort lien resolution is the same, but, different from single event resolution. One defining characteristic is the ability to exchange information with lien holders in bulk. Several of the major subrogation firms offer Lien Resolution Programs (LRP) for mass tort cases. LRPs are a way of efficiently exchanging large amounts of information and finalizing liens quickly pursuant to pre-negotiated terms.  The exact manner in which LRPs run differs depending upon the subrogation firm involved, but the basic process usually looks something like this:

1. Negotiate terms –Typical LRP terms include an automatic reduction of all liens by x%, and a cap stating that no lien shall exceed y% of a claimant’s settlement. Sometimes terms will include additional reductions or waivers that are dependent upon factors like settlement amount, lien amount or the existence of additional liens.
2. Information exchange – This is normally done via spreadsheet and simply involves supplying a list of clients and their pertinent information (DOB, SSN, injury details, etc.) to the subrogation firm. The subrogation firm will then identify all claimants who are beneficiaries under one or more of their represented plans, compile the claims for those individuals, and send those claims to the lien administrator for audit. Audits are sent back and forth until both sides agree on a set of related claims.
3. Calculate final lien amounts – Once the related claims are agreed upon, all that remains is to apply the negotiated terms to the approved totals and compute the final repayment amounts.

LRPs do not work flawlessly for every claimant. No LRP can anticipate every possible contingency and complications sometimes arise, making it necessary to negotiate LRP liens outside the terms of the program.  However, LRPs work the way they should for the majority of claimants, making it possible to resolve a large number of liens in much less time than it would take to negotiate them individually.

Beginning the lien resolution process early ensures timely and accurate results. If you are anticipating an upcoming settlement, have settled cases which you’d like to disburse, or simply have questions about mass tort lien resolution such as when or how to begin, please contact us at 833-GO-MASSIVE. Our specialized team and processes will quickly and efficiently resolve your client’s liens. 

Better Mass Tort Lien Resolution Matters.