After the mediation agreement is signed, the defense lawyers for the employer and the insurance carrier will prepare a full agreement detailing the worker’s injuries, medical treatments, the settlement terms and the language that says the employee releases the employer from liability once the agreement terms are fulfilled. It takes one or two weeks to prepare the full agreement. The full agreement is then sent by e-mail or regular mail to the employee’s lawyer for review. If your North Carolina worker’s compensation lawyer recommends it, he or she will advise you to sign the agreement and return it to his or her lawyer.
medicare set-aside
Additional Medicare and Workers’ Compensation Issues
When a Worker’s Compensation Medical Set-Aside Arrangement is made, the worker should know several things: The worker cannot use the money for any other work injury or for items not covered by Medicare, like dental expenses. It’s best to review what expenses Medicare does and doesn’t pay with your North Carolina Workers’ or Virginia Compensation …
Medicare and Workers’ Compensation- Prevention of Double Recovery
The reason for a Medical Set-Aside (MSA) is to prevent a double recovery. Simply, the federal government, through its Medicare program, believes that your worker’s compensation benefits are the primary source for payment of worker related injury expenses. Medicare wants to make sure injured workers are not paid twice, once by Workers’ Compensation carrier and …
What Is the Medicare Set-Aside Requirement (MSA)?
Part and parcel of any settlement calculation of a workers’ compensation claim is figuring the costs of future medical care. Ideally, the calculations will be perfect and the money the insurance company pays for your medical care matches what you actually need during your lifetime. Often, though, the calculation is not correct and you end …
