CareGuard is a professional administration service offered by Ametros. It sets up a bank account for an injured party's settlement funds and acts as the custodian of these funds and the third-party administrator responsible for managing all healthcare expenses.
How Does CareGuard Work?
CareGuard manages everything for the injured party, providing seamless coordination and payment of medical bills. It also handles any necessary reporting to Medicare, ensuring a smooth process for fund management.
CareGuard vs. Amethyst
The CareGuard service differs from Ametros' self-administration service, Amethyst, in that the funds are placed into a custodial account. This account is fully managed on behalf of the injured party, providing a higher level of assistance and control.
