The Centers for Medicare and Medicaid Services (CMS) issued a Memorandum addressing the impact of Part D prescription drug coverage on workers’ compensation settlements on December 30th, which will dramatically impact workers’ compensation settlements nationwide. Medicare Set-Aside ("MSA") allocations will increase considerably because prescription drugs are often one of the largest cost categories of future medical care. As a result, it is critical that every effort be made to appropriately contain the cost of future prescription drugs while still "reasonably considering" Medicare’s interests.
The National Association of Medicare Set Aside Professionals ("NAMSAP") announced a webinar to be conducted on May 17, 2006 by Patty Meifert, CEO of NuQuest Resources. Ms. Meifert’s presentation will discuss the various methods that may be utilized to calculate the cost of prescription drugs in Medicare Set Aside ("MSA") allocations as well as methods to control costs. The cost of the webinar is $60. Registration and other information can be found at the web site of The National Association of Medicare Set Aside Professionals
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