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WORK COMP SETTLEMENT
#1
I WOULD LIKE TO KNOW IF SOMEONE CAN TELL ME..I GOT OFFERED 150K FOR A SETTLEMENT..I WAS TOLE THAT I HAVE TO TAKE OUT 27K FOR MEDICARE SET A SIDE AND IT HAS TO COME OUT OF MY SETTLEMENT AMOUNT...IS THIS THE WAY THIS WORKS..I THOUGHT THIS WAS SUPPOSE TO BE SOMETHING COMPLETE DIFFERENT AND NOT COME OUT OF MY SETTLEMENT MONEY..THANKS..
 
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#2
YES
Medicare is not going to let you keep your medical $$ and let them pay for your work injury treatment.
If you don't put the $27k in a set aside, they won't cover your work injury until you pay $150K worth of treatment.
If you don't like the deal, you shouldn't sign the agreement; tell your atty you don't want to buyout the claim.

You're welcome.


P.s. in case you haven't noticed how others post on this site, you shouldn't use all capital letters.
Reminder :
........Each state has their own comp system; POST YOUR STATE to get accurate information. Use the search feature to find information from similar questions.
THANKS FOR POSTING.
 
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#3
thanks...1171.. i am planning to put this 27 aside...thank you so much for your time..i just want to be sure that i understood that the 27k comes out of the 150k..thanks again.
 
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