As we approach the 17th anniversary of Workers’ Compensation Medicare Set-Aside Arrangements, most parties realize there are substantial savings in the resolution of a Medicare set-aside (MSA) when utilizing a structured settlement. Studies have shown that savings average about 34 percent from the lump sum amount. What arises is a question as to why anyone would submit an MSA for approval by the Centers for Medicare & Medicaid Services (CMS) as a lump sum only.

David J. Korch, VP of Workers’ Compensation and Medicare Practices at Arcadia, breaks down the issue in this article.