Healthcare shouldn’t be this complicated. Learn the terms that matter to make informed decisions about your health.
Medicare Set-Aside Arrangements (MSAs) are financial agreements used in workers' compensation and liability settlements to allocate funds for future medical expenses that would otherwise be covered by Medicare. These arrangements protect Medicare's interests by ensuring that settlement money is used for injury-related medical care before Medicare begins paying. MSAs are particularly important in cases where the injured party is or will become Medicare-eligible.
A Solace advocate can help you understand MSA requirements in your settlement, ensure proper administration of set-aside funds, and navigate the approval process with Medicare. Advocates can also assist with documentation and reporting requirements to maintain compliance.