When Liens are Reduced or Eliminated: Explore Options for the Savings
Structured settlement or periodic payments can be deferred to cover any number of future items such as the replacement of durable medical items.
Synergy’s blog brings you the industry’s foremost thought leadership InSights on matters of healthcare lien resolution and Medicare Secondary Payer Compliance. Visit often to discover helpful InSights on important lien resolution compliance issues.
Structured settlement or periodic payments can be deferred to cover any number of future items such as the replacement of durable medical items.
Episode 24 of Trial Lawyer View was an engaging and insightful discussion between host Jason D. Lazarus and J. Clancey Bounds.
Structured settlement annuities have long been recommended to aid those with catastrophic personal injuries in planning for their future.
January 10, 2022 When any physical injury victim recovers money either by settlement or by verdict, the question of the tax treatment of said recovery arises. As long as it is compensation for personal physical injuries it is tax-free under Section 104(a)(2) of the Internal Revenue Code.1 Section 104(a)(2) of the Internal Revenue Code states […]
December 6, 2021 By: Teresa Kenyon, Esq. In HMS Holdings LLC v Ted A Greve & Associates P.A. et al, 2021 WL 5163308, an ERISA self-funded health plan was denied a temporary restraining order (TRO) on settlement funds. The court found that the health plan did not present sufficient evidence to satisfy all necessary requirements […]
November 11, 2021 In the confusing landscape of public benefits and planning issues that arise today for trial lawyers when settling catastrophic injury cases, finding your way can be a daunting task. Many questions come up such as should the client seek Social Security Disability (SSDI) benefits and become Medicare eligible? Doesn’t that trigger the […]
By: Joanna Wynes, J.D., Partner Planner The primary goal of a plaintiff’s attorney in a personal injury or workers’ compensation action is to achieve the greatest possible financial recovery given the facts and circumstances of the case. Once there is an agreement on the amount to settle the case for the injury victim or workers’ […]
The wait for proposed rulemaking related to Medicare Secondary Payer (MSP) compliance obligations regarding future medical services in liability settlements continues. Although the Department of Health and Human Services issued their initial notification of proposed rulemaking in the fall of 2018, the target date has been moved several times and is currently set for October of 2021. However, focusing solely on the notice of proposed rules will cause a practitioner to overlook the impact of important MSP compliance changes taking place with Section 111 Mandatory Insurer Reporting obligations on settlements.
In Episode 22 of Trial Lawyer View, host and Synergy CEO Jason D. Lazarus had a compelling conversation with Tony Romanucci of Romanucci & Blandin, LLC. The episode focused on Romanucci’s impressive career in the legal industry, including his background and experience handling high-profile cases. Romanucci talked about his Italian immigrant parents and how they […]