Injured parties can elect to administer their own MSA. This is NOT what Medicare recommends. However, there is a 31-page Self Administration Toolkit available and the injured party should also become familiar with the WCMSA Reference Guide as well as the Federal Medicare Secondary Payer Act, 42, U.S.C. §1395 et seq, as amended from time to time.
Ametros’ Amethyst service is designed to help individual self-administer with support. It helps the injured party maximize their medical funds, but instead links to the injured party’s own personal bank account. The injured party receives the Amethyst card that works the same as a traditional insurance card. This way the injured party will always remain in control of their settlement funds, but they are still receiving our help, support, and savings as they would with CareGuard.
