Keld Wenge of Pond Lehocky Giordano LLP. Courtesy photo The State of Medicare Set-Asides After a Roller Coaster Early 2022
Earlier this year, the Centers for Medicare & Medicaid Services (CMS) issued new guidelines regarding MSAs that sent shockwaves through the workers' compensation community. While CMS clarified those new guidelines within a few months, injured workers and their advocates still face uncertainty about what CMS requires when it comes to MSAs.
October 13, 2022 at 01:36 PM
8 minute read
Commentary
In the personal injury world, and in particular workers' compensation cases, workers' compensation Medicare set-aside arrangements (WCMSAs), better known as "Medicare set-asides" (MSAs) are an issue few lawyers enjoy dealing with. But how they are accounted for and dealt with in connection with clients' settlements will have a significant impact on clients' future medical care and their financial situations.
Earlier this year, the Centers for Medicare & Medicaid Services (CMS) issued new guidelines regarding MSAs that sent shockwaves through the workers' compensation community. While CMS clarified those new guidelines within a few months, injured workers and their advocates still face uncertainty about what CMS requires when it comes to MSAs.
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