Articles tagged with: Medi-Cal
Protecting the Plaintiff with Medicare, Medi-Cal and SSI without Age or Income Restrictions In An Affordable Care Act Era
The most common way for a plaintiff to continue to receive Medi-Cal and SSI while also receiving settlement funds is to establish a first party individual Special Needs Trust (SNT) or enroll in a Pooled Special Needs Trust (Pooled SNT) also known as a Pooled Trust, PSNT or Master Trust.
Over the past 20 years, more than 50 percent of the structured settlements facilitated by Ringler Associates, a national structured settlements brokerage firm, were less than $50,000. Another approximately 17 percent were between $50,000 and $100,000. These figures are typical of most annuity brokerage firms.
A new not-for-profit group, the Medicare Secondary Payer Charitable Foundation (MSPCF), announced it will provide free Medicare Set-Aside administration for qualified beneficiaries starting October 1.
Settling a case can be a cumbersome, time consuming and a frustrating experience for all parties. When the complexities of public-benefit programs such as Medicare and Medi-Cal are added to the settlement mix, it’s no wonder plaintiff attorneys seek assistance in understand¬ing the necessary legal measures required to ensure their settlements comply with the law and protects their client’s current and future interests.
Recently, I co-wrote an article on the subject for CAOC’s Forum with Kevin Urbatsch and William Lindahl. The article discusses:
–Avoiding Loss of Needs-Based Public Benefits
–How and When to Use Pooled Special Needs Trusts (SNTs)
–How to Select a Pooled SNT
Age 65 and Over Settlements: Preserving the Elder Plaintiff’s SSI and Medi-Cal [CAOC Forum - Nov/Dec 2010]
Plaintiff attorneys face unique challenges when serving the needs of the injured elder population – those over the youthful age of sixty-four.
One difficult issue is that many elders qualify for and utilize needs-based public benefits like Supplemental Security Income