The Centers for Medicare and Medicaid Services (CMS) has added a new web page to its website designed to assist individuals in self-administering Workers’ Compensation Medicare Set Aside Arrangements (WCMSAs). Materials available on the new page include:
• New Self-Administration Toolkit for WCMSAs;
• Account Expenditure for Lump Sum Account (Attestation Letter);
• Account Expenditure for Structured Annuity (Attestation Letter);
• Transaction Record Sample;
• WCMSA Reference Guide.
The new web page can be found here. Insurers might want to provide this information to injured workers who will be self-administering their WCMSAs in order to increase the likelihood that the claimant will comply with the WCMSA reporting requirements.
