Our Services And What We Can Do For You


  

MEDVAL provides four distinct categories of service to
insurance carriers, attorneys, and injured parties:


Medicare Set-Aside  Arrangements
  • Nurse case manager review of prior medical care and associated expenses
  • Projection of future Medicare covered items based on historical data and expected future care (including  prescription medications as of January 1, 2006)
  • Obtain rated ages and calculate diminished life expectancy
  • Preparation of comprehensive written report including historical course of treatments and calculations of projected future Medicare covered treatments

    • Set-Aside Arrangement Submission to CMS

  • Collection of necessary information and documentation required by CMS
  • Preparation of written report and trust instruments by a licensed attorney
  • Submission to CMS for approval

    • Funding of Medicare Set-Aside Arrangements

    Funding with a single fixed premium immediate annuity or structured settlement annuity as necessary


    Post-Settlement Administration

  • Acceptance of Medicare Set-Aside arrangement to be administered in accordance with Medicare guidelines
  • Communication with the claimant regarding Medicare covered items and procedures
  • Payment of medical expenses on behalf of the claimant for Medicare covered items
  • Reduction to state fee schedule prices as appropriate
  • Annual reporting to CMS on behalf of the claimant
  • Distribution of monies upon the claimant's death to their beneficiary or in accordance with applicable reversionary agreements

    • MEDVAL 
    Medicare Set-Aside Allocation/Arrangement Recommendations
    Submissions to Centers for Medicare and Medicaid Services
    Post-Settlement Administration

     Turbo Tagger

    Posted by Medicare Set Aside Services at 1/5/2008 2:51 PM
    Categories: Medicare Allocations, About Our Services, Set Aside Allocation to CMS, About Us, Post-Settlement Adminstration, Funding Medicare Set-Aside Arrangements

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