The Centers for Medicare & Medicaid Services (CMS) recently issued a revised self-administration toolkit, version 1.2. The purpose of the toolkit, just as with the previous version is outlined on page 3 of the 31 page guide, which is to describe the Workers’ Compensation Medicare Set-Aside (WCMSA) self-administration process and provide guidelines for claimants. Specifically, the toolkit: Describes the self-administration process, from when the account is first established until all of WCMSA funds have been used; Explains who a claimant will work with to manage their WCMSA account; Discusses the two types of WCMSA accounts (lump sum and structured); Covers special circumstances, such as when a Medicare beneficiary’s status changes. The revised toolkit includes some minor revisions, which include: The addition of the word ONLY to the following sentence: “You will ONLY use the funds from this account to pay your future medical treatment and…
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