When Shakespeare wrote Much Ado About Nothing, it could very well have been about the often debated and still unresolved issues surrounding liability settlements involving Medicare beneficiaries.
Recently, California Governor Newsom signed a bill amending the Medical Compensation Reform Act (MICRA), which addresses medical malpractice claims in California, the first changes made to MICRA since the act was passed in 1975.
Legacy Workers’ Compensation claims are cases that have been aging for months, years, or even decades. These claims are often difficult to resolve and earn their place under the title "legacy,” also known as “aged pending claims.”
On March 8, 2023, the Centers for Medicare and Medicaid Services (CMS) sent a letter to all state Medicaid Directors in the United States suggesting they create or update their state plans to assert Medicaid Liens whereby monies have been paid on behalf of Medicaid Beneficiaries who have Third Party Liability Claims.
Integrated Financial Settlements continues to lead the industry in reducing risk and improving client confidence in compliance and security.
News of the Gallardo case ruling by the Supreme Court regarding Medicaid liens has circulated recently in our industry. Arcadia Vice Chair John McCulloch analyzed the ruling and its impact on our business.
People involved in claim settlements sometimes ask, “why a structured settlement?”, or “structured settlements clearly make sense for cases involving catastrophic injuries, but what about other claims?” This short video, using the response from a recent podcast interview of Arcadia CEO Brad Cantwell, helps answer these questions.
Life insurance companies are uniquely positioned to ride out periods of financial uncertainty. In this article, Arcadia's John McCulloch discusses the insurance industry's history of financial stability and the ways in which structured settlement annuity policies are secured by many state and industry safeguards.
In this article from Claims Journal, Arcadia's Dave Korch talks about using client advocacy as a way to build trust, and conducting a needs-based analysis to ensure that injured workers receive the best settlement possible. He also highlights two real case examples to show the versatility and flexibility of structured settlements when providing for the needs and interests of injured workers.
We hope this message finds you and your loved ones well. In the midst of uncertain and fast-evolving circumstances worldwide, Our CEO Brad Cantwell shares the news that Arcadia has implemented its pandemic response plan.