Self-Administration Toolkit for Workers’ Compensation ...
Self-Administration Toolkit for Workers Compensation Medicare Set-Aside Arrangements (WCMSAs) For WCMSAs Approved by the Centers for Medicare & Medicaid Services (CMS) Version October 10, 2019 2 Table of Contents Section 1: Introduction ........................................ ........................................ . 3 Section 2: Setting Up the WCMSA Bank Account ....................................... 4 Section 3: How Your WCMSA is Funded ........................................ ............ 5 Section 4: Using the Account ........................................ ................................ 5 What medical and prescription expenses can I pay for from this account?
• fees for trustees, custodians, or other professionals hired to help administer the account ... and deductibles If your settlement includes funds for any of these professional administrative expenses, ke ep them separate from the WCMSA account. 7 . Section 5: What to Tell Your Health Care ... Compensation settlement, you must s end an ...
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