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Bequeathing your MSA
#1
Hi,
I'm in California. Does anyone know if one's beneficiaries will receive unused MSA funds in the event of the person's death. Any links to articles would be appreciated if anyone has that info available.

Many thanks in advance.
 
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#2
19.2 Death of the Claimant
If a claimant dies before the WCMSA is completely exhausted, the RO and the BCRC will
ensure that all claims have been paid. Then any amount left over in the WCMSA may be
disbursed pursuant to state law, once Medicare’s interests have been protected. This may involve
holding the WCMSA open for some period after the date of death, as providers, physicians, and
other suppliers are permitted to submit their initial bill to Medicare for a period of 12 months
after the date of service. Often, the settlement itself will dictate the appropriate dispersal of funds
upon the death of the claimant.


https://www.cms.gov/medicare/coordinatio...s-new.html

bottom line: put wording in the settlement agreement as to how such a situation will be handled.
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
Much appreciated 1171. Thank you.
 
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#4
you're welcome. glad we could help you.
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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