CorVel Corporation is able to assess, project and document future medical needs and associated costs for major or catastrophic injuries while advocating quality care for patients.
Why are Medicare Set-Asides Arrangements necessary?
Medicare Set-Asides, mandatory for Workers' Compensation claims since 2001, require documentation showing the amount of dollars that must be "set aside" for a Worker's Compensation liability case. These set-aside funds are used for coverage of future medical expenses.
The CorVel Corporation MSA Program compiles and analyzes the MSA documentation and assists in determining the set-aside amount while saving in litigation costs.
CorVel MSA Program Services:
- Complete, certified medical assessments
- Individualized, comprehensive medical reports
- Detailed list of future medical treatments and costs
- Development of MSA Life Care Plans
CorVel MSA Program Benefits:
- Expedite settlement agreement
- Reduces litigation costs and fees
- Legal Nurse Consultants' expertise used in settlement
- Center for Medicare/Medicaid Services (CMS) approval
CorVel Features Nurses Certified as:
- Medicare Set-Aside Consultants
- Life Care Planners
- Legal Nurse Consultants
CorVel nurses analyze services rendered compared to the medical diagnosis eliminating any unnecessary costs associated with the claim. By compiling, analyzing and summarizing extensive amounts of medical data, CorVel is able to reduce the amount of time and money spent preparing for the application process of a MSA.