How Does Medicare Set Aside Administration Work Video
Watch our short educational video to learn the basics of how Professional Administration of a Medicare Set Aside works.
Professional Administration is set up to help an injured person with their medical care after a personal injury settlement. A Professional Administrator establishes a bank account for the injured party’s future medical care, receives bills, and pays them on behalf of the injured party. In the case of a Medicare Set-Aside or “MSA” a Professional Administrator handles all required annual reporting. Often Administration is used for MSAs, however, it can also be used for any type of personal injury settlement or future medical funds.