What is a Medicare Set-Aside arrangement?
A Medicare Set-Aside (MSA) arrangement is a document that specifies future injury-related medical needs and associated costs. Only Medicare-covered expenses are identified and costs are based upon what would ordinarily be paid by Medicare within the beneficiary’s state of jurisdiction. Based upon the MSA projection, part of a settlement award is “set-aside” in order to pay for the costs of future care which would ordinarily have been paid by Medicare.
Related Questions
- Can a Medicare Set-aside be established as a structured arrangement, where payments are made to the Medicare Set-aside on a defined schedule to cover expenses projected for future years?
- What is CMS= policy regarding the inclusion of prescription drugs in a Medicare Set-aside with the implementation of the Medicare Modernization Act of 2003 (MMA)?
- What is the purpose of a Medicare Set-Aside arrangement?
