TOWER PUBLISHES WHITE PAPER THAT EXPLORES LIABILITY MSAS

September 26, 2018

“Lawyers are concerned that CMS may seek reimbursement from attorneys, injured parties and even insurers—or simply deny payment for injury-related medical care,” said Dan Anders, Tower’s Chief Compliance Officer. “Navigating through the Fog: Medicare, Future Medicals & Liability Settlements” recaps CMS’s process to date and provides advice to settling parties who are currently handling liability settlements. See more:

Tower MSA Partners Publishes White Paper to Guide Settling Parties on Medicare and Future Medical Considerations

Tower Publishes White Paper on Medicare and Future Medical Considerations in Liability Settlements

September 12, 2018

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CMS has signaled its intent to expand its voluntary WCMSA review program to liability. While a liability review policy has yet to be announced, CMS has made clear it expects the burden of post-settlement medicals should not be shifted to the Medicare program. However, the measures settling parties must take to consider Medicare’s interests in these future medicals is anything but clear. Given the lack of guidance, how should liability parties address this issue so as to not run afoul of Medicare?

White Paper: Navigating Through the Fog: Medicare, Future Medicals & Liability Settlements

To provide background and guidance on Medicare Secondary Payer considerations in liability settlements–particularly future medicals–Tower has published a White Paper entitled, Navigating Through the Fog: Medicare, Future Medicals & Liability Settlements. In this paper, Tower Chief Compliance Officer, Dan Anders, Esq., provides:

  • Background on the incremental process CMS has taken in regard to a LMSA review policy,
  • Explanation of CMS authority to implement a LMSA review program, and
  • Guidance to settling parties on considering Medicare’s interests in future medicals at time of settlement and whether an LMSA is appropriate.

Liability Settlement Solutions

In addition to the White Paper, Tower provides a full suite of Liability Settlement Solutions for insurers, claimants and attorneys, both plaintiff and defendant:

  • Medicare Conditional Payment Investigation, Dispute and Resolution
  • Medicare Advantage Plan Investigation, Dispute and Resolution
  • Social Security Disability Verification/Medicare Entitlement Search
  • MSP Compliance Opinion Letter
  • Liability Medicare Set-Aside (LMSA) Report
  • Medical Cost Projection
  • Life Care Plan

Our compliance consultants are available to help alleviate the uncertainty and risks surrounding future medicals and Medicare. We will analyze your claim, recommend the best approach and implement the most effective settlement solution.

If you have any questions, please contact Dan Anders, Chief Compliance Officer, at 888.331.4941 or daniel.anders@towermsa.com.

WorkCompCentral, Tower MSA Partners & Ametros Invite You to a Webinar on Optimizing MSAs: Before & After Settlement

September 4, 2018

Webinar announcment for Optimizing MSAs Before & After Settlement

The trusted source for the latest news in workers’ compensation, WorkCompCentral.com, hosts the leading innovators in Medicare Set-Aside development and administration, Tower MSA Partners and Ametros, in an upcoming webinar on the topic of Optimizing MSAs: Before & After Settlement. This free one-hour webinar will be presented by Tower Chief Compliance Officer Dan Anders, Ametros CEO Marques Tolbert, and will be held on Thursday, October 18, 2018 at 2 PM EDT.

Overview:

Settling work comp claims calls for a tricky balance. Payers want to limit the amount of money that is allocated to a Medicare Set-Aside and injured workers worry about running out of money for their work-injury related medical bills. How do you balance these competing interests? This webinar shows how pairing an intervention-driven MSA partner with a supportive professional administrator can produce a fair and reasonable MSA allocation and still protect and extend those allocation dollars over an injured worker’s life expectancy.

Attendees Will Learn How:

  • To balance the interests of payers and injured workers when settling claims.
  • An accurate drafting of the MSA provides its own cost savings.
  • To identify MSA cost drivers and how to apply clinical interventions to reduce them.
  • The right professional administrator can reduce the costs of medical and pharmacy care for the injured worker after settlement.
  • Professional administration can support an injured worker after settlement and protect and extend the life of the settlement

These lessons will help you drive claims to settlement and reduce those settlement costs while ensuring the injured worker has sufficient funds for future medical care. Don’t miss this opportunity to learn from these MSA experts!

Registration can be completed by following this link to the WorkCompCentral website or calling (866) 975-2667.

Thank you!