Protocols^® MSA self-administration consultation

If a claimant prefers to self-administer a Medicare set-aside account rather than using a formal custodian, Protocols^® can train the claimant or representative in the necessary payment and reporting procedures to meet CMS guidelines.

For example, a custodian must consult with Medicare prior to paying for any medical treatment or apparatus from the set-aside account; maintain copies of all canceled checks or receipts; make sure that the account is continually earning interest in a bank account, annuity or certificates of deposit; and provide copies of all earnings statements and documented expenditures to Medicare once a year.

Click here to learn more about our self-administration consultation services.