It’s a medical damages report, but WHY you need it is totally different.

Life Care Plans are used for expert witness testimony. Medical Cost Projections are a snapshot of medical damages at any point and time of the case. Usually done before mediation and/or after a jury trial.

The MSA is prepared to protect Medicare's interest:
An attorney can consult without doing a full-blown MSA to ensure the client is protected and doesn’t lose Medicare Benefits. Otherwise, mismanagement of a settlement can make for the client’s benefits being frozen! Then the client can’t and won’t have access to medical care.

On the flip side, we consult with Defense Attorneys whose client could represent the insurance company or the employer. What happens if Medicare’s Interest isn’t protected? Medicare can come after the insurance company or employer which entails huge penalties and fines.

MSA is a tool used after the settlement. However, 95 to 97% of the settlements are managed by the client. If the client doesn’t manage it correctly or goofs it up, that can come back to bite you the attorney in the future.

Why should you consult FIG?

Fig can help you protect Medicare’s interest. We can also make sure there’s an accurate projection to ensure the case is not underfunded or overfunded. We help to protect your FIRM’s reputation by doing due diligence.

When do you bring FIG in? Usually when the case is nearing a settlement. However, you don’t want to have us as an expert witness on MSA during the trial.

Want to know more? Write in a comment, or send us an email at adim@figservices.com

свернуть