If you’re a Medicare beneficiary and your personal injury lawsuit is about to settle, you may need to act quickly to protect your benefits eligibility. For many, this means establishing a liability Medicare set-aside (LMSA). We talk a lot about Medicare set-asides – but they’re…
If you’re a Medicare beneficiary and your lawsuit is about to settle, you may need to take action to continue to receive benefits. Many people in this situation establish a Medicare set-aside. When you’re just getting started with settlement planning, the next steps might seem…
If you’re a Medicare beneficiary and are about to reach settlement in an injury case, you may be wondering how the incoming money will affect your benefits. After all, Medicare is a “secondary payer,” which means it does not have primary responsibility to pay for…
If you’re a Medicare beneficiary and are about to receive a workers’ compensation or liability settlement to pay for future injury-related expenses, you are required by law to consider Medicare’s interests. Failing to do so can mean losing your benefits. By law, Medicare is known as…
If you’re approaching the conclusion of your lawsuit, you have probably heard you might need to set up a Medicare set-aside (MSA) to protect your Medicare benefits. An MSA is an amount of money you, your attorney, and a settlement planning expert determines will show…
If your injury lawsuit is about to reach settlement, you have likely heard this new influx of income could impact your eligibility to receive Medicare benefits. To avoid disqualification, many plaintiffs have set up a Medicare set-aside (MSA), which demonstrates a good-faith effort to fund…
Many attorneys still believe that a settlement planning firm is a one-trick pony, useful only when their clients are interested in structuring their settlement. However, there is a vast range of planning opportunities available to plaintiffs, and knowing them can ensure their long-term financial security.…
If you’re about to receive a settlement recovery in your injury lawsuit, you may have heard the sudden arrival of this substantial income could impact your eligibility to receive Medicare benefits. With this issue in mind, many plaintiffs work with a settlement planner to establish…
Medicare is a government-provided health insurance program designed to assist certain people with hospital care, medical costs, and other expenses. Qualifying beneficiaries are people who are 65 or older, those younger than age 65 with certain disabilities, and people of all ages with permanent kidney…
Last week, I explained how Medicaid, Supplemental Security Income (SSI), and other needs-based government benefits have strict eligibility requirements. When a disabled person receives the proceeds from a settlement, he or she can lose access to these benefits, which may have been covering payments for…
