CMS Adds Self Administration Toolkit for WCMSA’s to Website

On April 11, 2014 CMS added a Self Administration Toolkit for WCMSA’s to its’ website.  The Toolkit is designed for those claimant’s who choose to self administer their WCMSA funds, and it describes the process and guidelines for managing a WCMSA account, and walks through the set-up of a WCMSA through its depletion (exhaustion). Also available in the Downloads section are copies of the Account Expenditure for Lump Sum Account (Attestation Letter), Account Expenditure for Structured Annuity (Attestation Letter) and a Transaction Record Sample.

To view the full text of the Self Administration Toolkit, please click on the link below.

http://www.cms.gov/Medicare/Coordination-of-Benefits-and-Recovery/Workers-Compensation-Medicare-Set-Aside-Arrangements/WCMSA-Self-Administration.html?utm_source=Self+Admin+Toolkit+for+WCMSAs&utm_campaign=CMS+Publishes+ANPRM&utm_medium=email