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Dealing with Medicare and Medicaid Liens in 3rd Party and General Liability Cases
We had the honor of attending the 2016 Michigan Association of Justice (MAJ) annual convention last Friday (4/15/16) at the beautiful Book Cadillac hotel in the "D"!
The presentation by attorney Donna MacKenzie of the firm Olsman, MacKenzei and Wallace on "Dealing with Medicare and Medicaid Liens in 3rd Party and General Liability Cases" was especially informative.
We have been in the structured settlement business for over 15 years and we have been talking about this subject for about 10 years!
Based on Ms. MacKenzie's presentation I am HAPPY TO REPORT that there is STILL NO BASIS for a Medicare set aside in 3rd Party and General Liability Cases. A Medicare Set Aside is when part of the recovery in a physical injury case is "set aside" and can only be used to pay for future medical expenses, which are a result of the injury, that Medicare would normally cover. Medicare does not even have any mechanism or structure to process set asides in liability cases at this time! However, Ms. MacKenzie also stressed that this doesn't mean they won't require a set aside in the future.
Ms. MacKenzie recommended obtaining a letter from a physician if future medical expenses will not be needed for the claimant.
You probably know us best for our Plaintiff Focused Structured Settlement Consulting services. You may not know that we also help plaintiff attorneys and their clients resolve those nasty LIENS that threaten your hard won settlements through our partnership with PROVIDIO!
Please click the link below for more information on our lien resolution services:
Please watch this excellent video where experienced and successful personal injury attorney, Thomas M. Bond from the firm of Kaplan/Bond in Boston tells you why a structured settlement is the best choice for the longterm financial security for you and your family when your lawsuit settles for a large sum. Hear how one man made the wrong choice and tragically lost everything.
We were proud to be helping traumatic brain injury victims and their attorneys at the Michigan Association for Justice seminar in Novi yesterday! Are you an injury victim or personal injury attorney and want to secure your hard won settlement? Then contact us today!
For 20 years we have been Michigan's premier and ONLY Plaintiff Focused Structured Settlement Consultant. Please contact us early at (734) 433-1670 or email@example.com and let us help you and your clients maximize your hard earned settlement dollars call! www.whitehousellc.com