Synergy Blog

Turn to Synergy in 2018

It is a New Year and time to experience the power of Synergy. Synergy allows trial lawyers to focus on what they do best by handling the difficult issues at settlement such as lien resolution, Medicare Secondary Payer Compliance, public benefit preservation, settlement planning (including tax-free structured settlements) and tax deferral of contingent legal fees. We offer some unique services that will be an invaluable solution for many difficult issues in your practice. What makes us different? Below are just a few things that you will not find anywhere else.

Synergy’s Proprietary Solutions

Medicare Refund – Did you know Medicare issues refunds? Synergy can get a refund for conditional payments paid pursuant to a final demand using our proprietary compromise/waiver process with Medicare. If successful, Medicare will issue a refund to the personal injury victim for part or all of the amount paid to satisfy the conditional payment.

Settlement Asset Management Trust (SAM-T) – unique and proprietary trust that combines a high yield fixed income portfolio with a cash reserve. The fixed income portfolio allows the trust to make future periodic payments while the cash reserve provides liquidity and flexibility for the injury victim.

Total Medicare Compliance Service – In the wake of recent developments regarding enforcement of the Medicare Secondary Payer Act (MSP), now more than ever you need an expert partner to navigate the minefield of compliance. Synergy’s Total Medicare Compliance Services identifies conditional payments, helps resolve Medicare Advantage (Part C) plan liens, deal with Medicare release language and addresses the Medicare Set Aside issue for futures. In addition, we can help with ICD code issues related to reporting and validation.

Medical Bill Clinic – Have you ever tried to determine what reasonable charges should be for a client’s hospital bill? Synergy is dedicated to assisting personal injury attorneys and firms by interpreting clients’ coded medical bills and assisting in defending your clients’ legal rights regarding their medical liens and debts. Using Synergy to negotiate your hospital bills or liens results in deeper discounts because of our provider relationships, reputation and experience negotiating these issues nationwide.

Public Benefit Preservation Analysis – Synergy offers an eligibility confirmation program to identify asset sensitive benefits on behalf of injury victims and educate and consult accordingly. Synergy can quantify the value of the government assistance program benefits over life expectancy as well as offer affordable solutions to protect government assistance.

Pooled Medicare Set Aside Trust (MSAT) – An industry ground breaking trust solution for cost effective Medicare Set Aside administration. Structured Settlement Optimization – Structured settlements are the cornerstone of any sound financial settlement plan. Synergy optimizes structured settlements by taking advantage of market arbitrages and combining multiple solutions to ensure the best payouts for its injury victim clients.

Structure Protection Trusts – Synergy has pioneered a way to protect structured settlements from being sold on the secondary market. By using a pooled settlement trust, payments from a structured settlement can be irrevocably paid into the trust preventing the structure from being sold. This is a complete safeguard of the structured settlement annuity.

Ready to schedule a consultation?

The Synergy Settlements team will work diligently to ensure your case gets the attention it deserves. Contact one of our legal experts and get a professional review of your case today.

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