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MEDVAL
provides three distinct categories of service to insurance carriers,
attorneys and injured parties: |
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Medicare
Allocations |
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- Nurse
case manager review of prior medical care and associated
expenses
- Projection
of future Medicare covered items based on historical data
and expected future care (including RX as of January 1,
2006)
- Obtain
rated ages and calculate diminished life expectancy
- Preparation
of comprehensive written report
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Set-Aside
Allocation Submission to CMS |
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- Collection
of necessary information and documentation required by CMS
- Preparation
of written report and trust instruments by licensed attorney
- Submission
to CMS for approval
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Funding
of Medicare Set-Aside Arrangements |
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- Funding
with a single fixed premium immediate annuity or structured
settlement annuity as necessary
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Post-Settlement
Administration |
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- Acceptance
of Medicare Set-Aside Allocation to be administered in accordance
with Medicare guidelines
- Communication
with the claimant regarding Medicare covered items and procedures
- Payment
of medical expenses on behalf of the claimant for Medicare
covered items
- Reduction
to state fee schedule as appropriate
- Annual
reporting to CMS on behalf of the claimant
- Distribution
of monies upon the claimant's death to their beneficiary
or in accordance with applicable reversionary agreements
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