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In Oregon, can you give up your right to future medical?
06-01-2010, 11:33 AM (This post was last modified: 06-01-2010 11:36 AM by ace25.)
Post: #3
RE: In Oregon, can you give up your right to future medical?
Why would you want to do that? In most cases that will not be allowed, primarily due to new Medicare Set aside rules. Most settlements must now be approved by CMS, and they will require a certain amount be "set aside" to pay for future medical.

This is to prevent you from taking cash up front, blowing it on a big boat (or cigarettes, whiskey and wild, wild women), and then sticking medicare (taxpayers) with your medical bills after you turn 65.

Besides, since most settlements are designed to compensate for lost earning potential and future medical, I am not sure removing one of the elements positions you well for more money.

Just curious, your name indicates you were injured in Idaho, but your question is about Oregon.......

"In the interest of peace, one should change their signature often"
(or when threatened by someone who packs heat) Smile
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RE: In Oregon, can you give up your right to future medical? - ace25 - 06-01-2010 11:33 AM

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