News-Archive2023-08-15T15:10:16-06:00
Past news wheelchair

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.

April 17th, 2018|

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.

March 30th, 2018|

Medicaid’s expanded third-party recovery rights repealed in Bipartisan Budget Act of 2018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.

February 19th, 2018|

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.

September 5th, 2017|

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.

March 26th, 2015|

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!)

June 27th, 2014|

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.

September 26th, 2013|
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