Page 2

Official source

REV. MAY 3, 2018 NEBRASKA DEPARTMENT OF MEDICAID ELIGIBILITY MANUAL LETTER #43-2018 HEALTH AND HUMAN SERVICES 477-000-036

The purpose of the Medicare Set-Aside Arrangement (MSA) is to provide funds to an injured worker to pay for future medical expenses that would otherwise be covered by Medicare, otherwise known as “qualified medical expenses”. If the injured worker incurs qualified medical expenses that exhaust the anticipated annual amount, Medicare will pay for any excess expenses. By establishing a Medicare Set-Aside Account, parties to a settlement are protecting Medicare’s interest and complying with the Medicare Secondary Payer Act.

Non-Liquid Resources: Property that is not cash and that cannot be converted to cash within 20 days.

Examples of Non-Liquid Resources:

1. A home; 2. Additional pieces of property; 3. Trailer houses; 4. Burial spaces; 5. Motor vehicles; 6. Life estates; 7. Farm and business equipment; 8. Livestock; 9. Poultry and crops; and 10. Household goods and other personal effects.

loading…

Page 2

Official source

REV. MAY 3, 2018 NEBRASKA DEPARTMENT OF MEDICAID ELIGIBILITY MANUAL LETTER #43-2018 HEALTH AND HUMAN SERVICES 477-000-036

The purpose of the Medicare Set-Aside Arrangement (MSA) is to provide funds to an injured worker to pay for future medical expenses that would otherwise be covered by Medicare, otherwise known as “qualified medical expenses”. If the injured worker incurs qualified medical expenses that exhaust the anticipated annual amount, Medicare will pay for any excess expenses. By establishing a Medicare Set-Aside Account, parties to a settlement are protecting Medicare’s interest and complying with the Medicare Secondary Payer Act.

Non-Liquid Resources: Property that is not cash and that cannot be converted to cash within 20 days.

Examples of Non-Liquid Resources:

1. A home; 2. Additional pieces of property; 3. Trailer houses; 4. Burial spaces; 5. Motor vehicles; 6. Life estates; 7. Farm and business equipment; 8. Livestock; 9. Poultry and crops; and 10. Household goods and other personal effects.