have undertaken a comprehensive effort to protect Medicare's interests
and to recover money owed to Medicare for conditional payments made, as
well as to prevent the shifting of future medical expenses from the
primary payer to Medicare. If a primary payer is settling future medical
benefits for a "qualified" individual, CMS requires that an arrangement
be made for future injury-related Medicare allowable medical expenses to be
set aside from the settlement. This arrangement must be approved by CMS.
An individual is "qualified"
if:
1.
The Individual is a Medicare
recipient at the time of settlement,
regardless of the amount of
settlement.
- or
-
2.
The individual is not yet
receiving Medicare benefits but
the following two prong test is met:
THE TOTAL
AMOUNT OF THE SETTLEMENT
IS OVER $250,000.00
- and
-
IT IS
REASONABLY EXPECTED THAT THE INDIVIDUAL
WILL BECOME A MEDICARE RECIPIENT WITHIN 30 MONTHS
OF THE SETTLEMENT.