| Medicare
Set Aside Program
Worker’s compensation carriers are under increasing pressure to consider
and protect the interests of Medicare when settling claims. If this is
not done properly future medical costs can be penalized heavily by being
assessed at double the damages. Payers must take an appropriate amount
of the settlement money and "set aside" enough funds to cover the
payment of future medical costs which would otherwise be paid by
Medicare.
The ARM
Medicare Set Aside program determines the appropriate amount of
settlement funds to be "set aside" through an analysis by our highly
trained and certified allocation specialists. We look at the client’s
medical conditions, current treatment, anticipated future treatment, and
life expectancy. We are knowledgeable in securing Medicare approval by
developing a plan which is referred to as a Medicare Set Aside Proposal.
This plan is submitted in accordance with all of the regulatory
requirements to the Center for Medicare and Medicaid Services (CMS).
ARM’s
experienced Medicare Set Aside Allocation Specialists will assist you
through the entire process. Our plans are supported through acceptance
once they are submitting.
Highlights of our program includes:
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Clearly written, concise reports providing details required by CMS
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Fast turn around time
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Tracking at all stages of the process with immediate status updates
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Constant communication with referral source and team members
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Highly researched, objective, and defensible reports
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knowledgeable and accessible staff
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Products tailored to meet the customer’s needs
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