Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Once a settlement has been reached, what information is the attorney required to send to the lead contractor?

attorney contractor lead send
0
Posted

Once a settlement has been reached, what information is the attorney required to send to the lead contractor?

0

Information needed by the lead contractor after a settlement has been reached should include the date of the settlement, the settlement amount, as well as the attorney’s fee and costs. This information is needed to calculate Medicare’s recovery amount. Medicare will share the costs associated with recovery and reduce its amount proportionately. Of course, the attorney needs to share particulars about the beneficiary’s claim against the alleged tort feasor or insurance company, so that the lead contractor can determine which Medicare claims are related to the beneficiary’s claim against the third party.

Related Questions

Thanksgiving questions

*Sadly, we had to bring back ads too. Hopefully more targeted.