
Read Expert Industry Insights from Years Past
Arcadia’s news archive features past insights and events from around the industry.
Why Consider a Special Needs Trust
A Special Needs Trust, also called a Supplemental Needs Trust ("SNT"), ensures that a catastrophically injured person will have their long-term medical and subsistence needs provided for without sacrificing their basic support or depleting their funds. In this article, Arcadia's John McCulloch discusses Special Needs Trusts: their purpose, safeguards, and what they can provide compared to Medicaid and SSI.
Lump Sum or Structured MSA
As we approach the 17th anniversary of Workers' Compensation Medicare Set-Aside Arrangements, studies have shown that savings average about 34 percent when utilizing a Medicare Set-Aside (MSA) rather than 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.
Medicaid’s expanded third-party recovery rights repealed in Bipartisan Budget Act of 2018
The Bipartisan Budget Act of 2018 included a critical change for anyone handling a case with a Medicaid lien: Section 53102 fully repeals Medicaid’s expanded third-party recovery rights. Medicaid can now only seek reimbursement from a portion of the settlement allocated to medical costs. Medicaid cannot recover monies from lost wages, pain and suffering or any other damages awarded to the injured party.
Arcadia partners with Liberty Mutual to support United States Military Veterans
Arcadia joined annual charity partner Liberty Mutual Insurance Company in a Mulligans gold event supporting Veterans Martial Arts Training (V-MAT), a New England-based organization that helps rehabilitate U.S. service veterans recovering from physical and psychological injuries.
Social Security Offsets in the Proposed U.S. Budget
One item in President Donald Trump's proposed 2018 budget could have a major impact for workers' compensation payers: the elimination of the reverse offset in benefits for those who receive both workers' compensation and Social Security Disability Insurance (SSDI). David J. Korch, VP of Workers' Compensation and Medicare Practices at Arcadia, discusses the history of federal legislation and breaks down the potential impact that eliminating the reverse offset could have to reducing the cost of settlements.
EPS Settlements Group rebranded as Arcadia – The world’s first structured settlements firm positions itself for growth
EPS Settlements Group announced today the company’s refreshed brand, including its new name – Arcadia – and logo. Arcadia was born out of a desire to create long-term financial security and an improved quality of life for injured people.
NSSTA president discusses state of the industry, upcoming election, and future growth
The newly elected president of the National Structured Settlements Trade Association (NSSTA) recently discussed his outlook for the industry, the upcoming election and goals for future growth.
Selling Your Structured Settlement – What You Need to Know and the Truth Behind the “It’s My Money and I Need It Now” Ads
People sometimes get into tough financial situations and will need to access funds they would be better off leaving alone. From the relatively straightforward process of borrowing from your own 401(k) to the more nebulous payday loan shops, there is a steep financial price to pay when accessing funds this way.
A New Wardrobe Or A Secure Future?
Who among us middle-class humans hasn’t dreamt about what we would do if we came upon a huge sum of money? I know my response, probably like yours, involves getting rid of my debt, taking a long vacation, easing the financial future for my children and sure, a new wardrobe (let’s be honest!)
Higher Taxes Make Tax Free Structured Settlements a Compelling Settlement Option
Our very own John McCulloch shares insights on the appeal of tax free structured settlements in this February 2013 Claims Journal. See the article here
Employment Liability and Other Taxable Claims
Employment Liability and Other Taxable Claims — an article written by our very own John McCulloch JD, CSSC published in Dec. 2012 Claims Journal.
Auto Liability Case Story
An overlooked back pain causing devastation turned into a lifetime provision thanks to an auto liability structured settlement presented by Kim Smith.