Medicare Set-Aside (MSA)
Definition
A financial arrangement in workers' compensation settlements where a portion of the settlement funds is set aside to pay for future injury-related medical treatment that would otherwise be covered by Medicare. MSAs protect Medicare's interests and are required when the injured worker is a Medicare beneficiary or eligible for Medicare within 30 months.
Related Terms
Frequently Asked Questions
What is a Medicare Set-Aside (MSA)?
A financial arrangement in workers' compensation settlements where a portion of the settlement funds is set aside to pay for future injury-related medical treatment that would otherwise be covered by Medicare. MSAs protect Medicare's interests and are required when the injured worker is a Medicare beneficiary or eligible for Medicare within 30 months.
How does medicare set-aside affect a workers' compensation claim?
Medicare Set-Aside plays an important role in determining the outcome of a workers' compensation claim in California. Understanding this concept helps injured workers, attorneys, and physicians navigate the claims process more effectively.