Your Workers’ Compensation
Settlement Experts

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Arcadia Settlements Group is the nation’s preeminent structured settlement company, employing professionals in 54 offices throughout the nation. Our consultants have an average of more than 15 years of structured settlement experience and each has developed a diverse knowledge base that enables them to address virtually any settlement situation. The roots of Arcadia Settlements Group date back to 1972 when the firm structured its first settlement. Since that time, EPS has partnered with clients to settle more than 300,000 claims involving structured settlement funding of over $30 Billion.

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What is a Structured Settlement?

A structured settlement is a creative way to compensate injury victims. Instead of receiving a single lump sum payment, our Workers’ Compensation settlement experts design a tax-free settlement payout that best suits the needs and desires of the injured worker.

For an injured worker, a structured settlement presents financial security in a time of uncertainty, providing peace of mind that future medical expenses and income needs will be met. A structured settlement is protected and governed by Federal legislation and IRS regulations.

Workers’ Compensation Defined

A state law system that issues payments and provides medical care regardless of fault to employees who are injured or disabled during the course of their employment. Workers’ Compensation benefits are fairly comprehensive as well as specific to the workplace injury or illness. Covered items include medical expenses, death benefits, lost wages and vocational rehabilitation.”

Structured settlements have long been used as a means to resolve Workers’ Compensation claims to achieve the best claim outcome for all parties, and can help to preserve government benefits available to injured workers.

Protecting Government Benefits

If the injured person is eligible to receive Social Security Disability benefits, he or she is automatically enrolled into Medicare 24 months after receiving the first disability payment. Injured workers are also eligible for Medicare if they are 65 or older. In addition, structured settlements can supplement Social Security Disability benefits.

Injured people involved in workers’ compensation cases must keep Medicare’s interests in mind and are held liable for complying with the regulations in the Medicare Secondary Payer Act.

For some injured people, maintaining this compliance while undergoing treatment can become overwhelming, which is why the CMS strongly recommends setting up a Workers’ Compensation Medicare Set-Aside Arrangement (WCMSA). A WCMSA is an account funded with money that is set aside from the Workers’ Compensation Settlement. Medicare requires that these funds be spent first before Medicare will pay for medical costs associated with the Workers’ Compensation injury.

Your Workers' Compensation Settlement Experts

Locate an EPS Consultant
Locate an EPS Consultant