When Medicare liens are involved in personal injury settlements, Medicare has been likened to an "800-pound gorilla" at the negotiations table. Any significant Medicare lien can dominate settlement negotiations because the Medicare Secondary Payer (MSP) statute grants Medicare a firstpriority right to...
Upon settlement, personal injury attorneys need to request a final lien letter which includes the the final amount of reimbursement sought by medicare. Personal injury lawyers and plaintiffs can lock-in an amount for up to 3 months which is helpful during negotiations because it gives the parties...
The reason for that is Medicare wants you to pay for expected future bills out of your settlement proceeds. But if there is no reasonable likelihood of future bills then nothing should be set aside. Conlusion One misstep could cause a lien to be placed on your assets. It is cri...
Medicare has authority to reduce or waive its Medicare lien ifit is in the “best interests of the program,” if the “probability of recovery, or the amount [of the recovery] does not warrant pursuit” of the lien, or if enforcing the lien would lead to significant “financial hardship....
Pursuant to the Benefit Agreement(s), BLUE CROSS may hold a lien on third party liability payments in the amount of benefits paid by BLUE CROSS and the value of medical care provided under BLUE CROSS SENIOR SECURE for the treatment of the illness, injury or condition for which a third ...