Synergy Blog

Lien Resolution Success – Synergy reduces self-funded ERISA subrogation claim by 70%, an additional 57% more than the trial attorney could

This is a case wherein a plaintiff, while recovering from hip replacement surgery, was dropped during a bed transfer at the rehabilitation facility.  The plaintiff engaged counsel and was able to secure a settlement in the amount of $140,000.00.  The plaintiffs’ medical care had been provided by a self-funded ERISA Plan who wanted full repayment in the amount of $66,306.89.  After negotiating with the ERISA Plan’s recovery vendor, Optum, for nearly a year and half plaintiff’s counsel was able to secure a reduction in their demand to $35,000.00.  Believing this repayment amount was still inequitable, and knowing that Synergy would only charge a fee on any additional reduction beyond the $35,000.00, he engaged Synergy  Lien Resolution Services to assist.  Within three months Synergy used 29 U.S.C. 1024(b)(4),  as well as other time tested reduction tactics, to force a further reduction from Optum.  The result was a repayment demand 57% lower than the experienced trial attorney could achieve in less than 20% of the time.  The final repayment amount was $20,000.00.

TESTIMONIALS

"Synergy is an invaluable partner in the mediation process. They have extensive expertise in Medicare, Medicaid and Structured Settlements and the ability to explain the impact of these complex concepts to my clients in simple, clear and understandable language. This allows me to focus on obtaining the best possible result in the settlement process."

Michael J. Winer, Esq.
President Florida Workers Advocates (FWA)

"In my twenty-two year career as a trial lawyer I've handled my share of catastrophic cases and structures, but imagine the complexity of an engaged, unwed mother catastrophically injured during delivery, giving birth to a healthy child, but left in a vegetative state? The issues of guardianship and entitlements of the newborn, the rights of the biological father-fiancé, an out-of-state teenage child of the mother, lifetime maintenance of the mother, as well as the rights of family of the mother, who became her primary care-takers? Synergy systematically managed the seven figure tender of one defendant, the establishment of a Qualified Settlement Fund, a Special Needs Trust, and multiple structures, all the while concurrently maintaining the various entitlements to ancillary services, as well as the remaining litigation. Everything was handled professionally, timely and literally without a hitch. Truly an amazing feat."

Marcus J. Michles II
Michles & Booth

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