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What is a Medicare Set Aside?
“Is my Medicare coverage protected or am I going to lose it? Do I have to do a Medicare Set Aside?” When discussions about worker’s compensation or liability settlements are heating up, I’m frequently asked this basic question by many of our clients, whether they are on Social Security or not. Of course, the question may be basic, but, as is often the case, the answer is slightly more complicated. At the end of your Social Security statement, there’s a statement that reads: “Medicare, a separate program run by the Centers for Medicare & Medicaid Services, helps pay for inpatient hospital care, nursing care, doctors’ fees…Read More
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