Introduction How strategically important are Medicare Set-Aside (MSA) arrangements for the structured settlement market – and what is the current size and the future potential of this structured settlement submarket? Historically, the exact size of the structured settlement MSA market has been impossible to measure and difficult to estimate. The structured settlement industry reports annuity...
Introduction Medicare Secondary Payer experts, including structured settlement and settlement planning professionals whose practice regularly focuses on Medicare Set Aside (MSA) Arrangements, have spent the past couple of weeks analyzing how a recent announcement by the Centers for Medicare and Medicaid Services (CMS) will impact liability MSAs. On October 13, 2022, without explanation, CMS withdrew...
Workers Compensation Medicare Set Aside Arrangements (WCMSAs) have become a strategic subset of the structured settlement market. For this reason, structured settlement and settlement planning professionals should not only maintain up-to-date knowledge of current CMS WCMSA structured settlement rules but also be cognizant of both WCMSA history and current WCMSA structured settlement industry developments. This...
The National Leadership Consortium on Developmental Disabilities (NLCDD) at the University of Delaware has published a new National Study (Study) titled “Future Financial Planning for People with Disabilities” on its website that should be required reading for all structured settlement and settlement planning professionals. Introduction The purpose of this NLCDD project was to study future financial planning for people with disabilities...
NSSTA President Michael Goodman opened the 2021 National Structured Settlement Trade Association Conference, hosted virtually May 5-7 by Goodman, NSSTA Executive Director Eric Vaughn and Director Ravi Vaswani, by announcing he plans to ask NSSTA’s new Board of Directors to review and re-write the NSSTA Mission Statement as part of a strategic review of “what we are and what we will be.”...
In her new book titled “The Scout Mindset”, author Julia Galef, co-founder of the Center for Applied Rationality, utilizes a comparative military metaphor, “soldiers vs. scouts,” to contrast two antithetical types of mindsets and methods of reasoning. Metaphorically speaking: A soldier mindset causes an individual or a group to defend their beliefs against perceived threats, to seek out supporting...
Introducing the Payee Protection Policy Independent Life is proud to introduce the structured settlement industry’s first Payee Protection Policy. This new offering is directly in line with our company’s mission to provide trustworthy, competitive and innovative annuity products that professional structured settlement consultants can easily integrate with other financial products and governmental benefits to produce...
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