What is meant by “financial hardship” when a full or partial waiver of the Medicare recovery amount is under consideration?
Medicare will consider the impact of unforeseen severe financial circumstances existing at the time of Medicare’s claim as well as the impact of out-of-pocket medical expenses versus the beneficiary’s resources to meet these obligations. Medicare may grant a full or partial waiver if recovery would have an adverse effect on the beneficiary’s standard of living as it existed prior to the accident/injury/illness.
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