What types of “investment” vehicles may be used to fund the Medicare Set-aside?
A58. The only guidance CMS provides here is that the account used to fund the Medicare Set-aside must be “interest bearing”. Comment: CMS will not approve any Medicare Set-aside that is funded with other than “liquid” funds e.g., bank accounts of any FDIC insured bank, CDs, money market funds of any bank and U.S. Treasury bills or notes.