A new alert was posted on the MSPRC.info website on September 6, 2011. The MSPRC has announced a $300 threshold in liability cases that qualify based on the type of incident and settlement distribution.
From www.MSPRC.info:
Beneficiary Alert: $300 Threshold on Liability Settlements
Medicare has implemented a $300 threshold for certain Liability Insurance cases. If all of Medicare’s criteria are met, the MSPRC will not recover against the beneficiary’s settlement, judgment, award or other payment.
If you’re a beneficiary, what does this mean for you?
As of September 6, 2011, if you’ve received a lump sum settlement of $300 or less, and your case meets certain conditions, Medicare will not recover from that settlement. These conditions include:
- Your settlement is related to an alleged physical trauma-based incident, not an alleged exposure, ingestion, or implantation, and
- You do not have any additional settlements related to the same alleged incident.
Please note that this threshold specifically excludes settlements where an insurer is paying your medicals bills directly or on an ongoing basis. This threshold also does not apply if a demand letter was already issued for your case. We have posted a more detailed explanation in the Attorney and Insurer Toolkits.
For more information on the $300 MSPRC Threshold, Medicare Secondary Payer, or any lien resolution issue, feel free to contact Lien Settlement Solutions at info@lienss.com or by phone, (877)907-5436 extension 2.
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