Non-MSA Medical Custodial Administration

Find Resolution While Managing and Maintaining Funds

There may be various reasons you are unable to settle the future medical component of your claim. Whether it is a jurisdictional restriction, the injured worker’s unwillingness or fear of settling the medical portion of a claim, or other obstacles that continually impede settlement, we can help.

MEDVAL works with clients to bring about the resolution they are seeking, while simultaneously assisting the claimant by wholly managing and maintaining the allocation of funds after the settlement.

Benefits

  • Enables closure of the file by the carrier – assisting in payer’s ability to reduce reserves and eliminate future costs
  • Provides claim administration savings in time for both the carrier and injured worker
  • Allows injured worker to self direct care and facilitate physician changes at will
  • Offers prescriptions and treatment program card for automatic cost savings to injured worker
  • Provides access to experienced professionals who can answer questions and address concerns from the injured worker

Interested in learning more? Contact us to explore the solution that best meets your needs.

How it Works

  • MEDVAL acts as an objective third party responsible for medical and pharmacy payments to healthcare providers
  • MEDVAL manages the administration of the medical allocation account
  • MEDVAL completes a future cost projection and provides calculation of the necessary medical treatment the injured party would likely require post settlement
  • Recommended funds are placed into an account post settlement
  • Injured worker continues to receive treatment as necessary
  • MEDVAL handles all aspects of the treatment administration (as the payer did while the claim was open)

“Thank you so much for always answering my questions.”

Custodial Beneficiary

Miami, FL