Medicare, as a secondary payer in Workers’ Compensation and Personal Injury claims, requires a set-aside for future medical expenses that are…

a) job-related and
b) otherwise payable by Medicare.

A set-aside is required when either..

a) the injured employee is a Medicare beneficiary and the total settlement amount is greater than $25,000; or
b) the settlement amount exceeds $250,000 and the injured worker can reasonably be expected to become a Medicare beneficiary within 30 months of a settlement.

Utilizing rated ages, structured settlements can reduce the cost of a MSA by over 50%.

PSI is partnered with the firm of Burns, White & Hickton Medicare Set-aside practice group.