I have been classified Catostrophic by GBWC and am totally disabled. Everyone concerned has no objections. My insurance Co. has said that they may want to settle. Medicare setaside has already benn set. What should I be looking for in a settlement. Is there an amount that I should be looking for . I am 55 and will not be able to work again. My claim is covered by the SITF. , but my Ins. Co. is in rehab. Thanks I look forward to your answers.
–James
More on What Are the Factors Used in Evaluating a Catastrophic Injury Case for Settlement?
North Carolina trial lawyer Chris Nichols has written a very useful description of how the Medicare Set Aside rules work in workers' compensation cases. He also notes that federal law also permits Medicare to pursue Set Asides in liability cases (although Medicare has not yet done this).
Chris describes the concept of a Set Aside as follows:
Filed under Georgia Workers' Compensation, Medicare Set Aside issues, Settlements by
