Synergy Blog

Understanding the Mechanics of Subrogation

How subrogation and reimbursement claims impact the injury victim’s settlement. When an individual suffers an injury and seeks medical attention, typically that care is paid for by an insurance carrier. Those bills might be paid by Medicare, Medicaid, TRICARE, or a plan provided through their employer. This is true even if the injury suffered was…

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Is Your Law Firm Partnering With the Right Consultant for Lien Resolution Services?

There are a myriad of benefits when law firms outsource lien resolution services. Law firms that partner with a reliable, third-party consultant that specializes in resolving liens can enjoy the following benefits: Reduced Operating Costs: Time is money and law firms improve their bottom line by outsourcing time-consuming tasks to experienced professionals.    Effective Results:…

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Should You Hire a Structured Broker or a Settlement Planner?

Securing the best future for the client is always a priority for an attorney in a personal injury case. Depending on the amount, it may be in the client’s best interest to have a structured settlement annuity instead of a lump sum payment. A structured annuity often works in your client’s favor because it is…

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Types of Annuity Payments

When your client is awarded a settlement, an annuity can be utilized to parse out payments and ensure that funds are being distributed sensibly. After working tirelessly to build your client’s case so that they receive a fair settlement, you want to guarantee that their settlement retains its value for years to come. An annuity,…

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How to Tell if Your Client Needs a Liability MSA

In a personal injury case, Medicare set aside (MSA) arrangements can be confusing for both the plaintiff and the plaintiff’s attorney. Most personal injury attorneys don’t have the experience to coordinate MSA arrangements for their clients. A lack of experience and knowledge can lead to liability for the trial attorney involved in the case. The…

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Lien Existence & Ethics, Redefined

Some of the most frustrating and murky issues facing attorneys representing injured clients stem from alleged “liens” against settlement proceeds. The Florida Bar’s position on these issues, and the limited laws delineating them, have been ever-shifting and evolving. Ethical Obligation to Protect Liens One constant in this otherwise uncertain area, is this: Attorneys representing injured…

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Hospital Price Transparency Law: Friend or Foe?

Michael Walrath, J.D. Plaintiff lawyers and injury victims are often required to resolve hospital liens and debts which arise from an injury caused by the negligence of another. These hospital charges attach to a plaintiff’s settlement proceeds in most states.[1] Most state statutes or county ordinances limit hospital liens to reasonable charges but fail to…

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Creating the Best Structured Settlement Plan For Your Client Part 2

In this two-part article, we are discussing the benefits of hiring a settlement planner. When a personal injury plaintiff is awarded a large settlement, they likely are not qualified to manage the funds they received in the settlement. There are many complex nuances in managing a settlement trust and its best to leave the financial…

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Creating the Best Structured Settlement Plan For Your Client Part 1

Many people have heard the phrase “structured settlement” and may even understand the basic concept of what this entails. However, they probably do not understand how this process actually works. More importantly, they may not understand why settlement planning can benefit them. In this two-part article, we will educate you on the reasons why you…

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Protecting the Settlements of Undocumented Workers & Claimants

Josh Pettingill The feeling can be overwhelming for any claimant who receives a large windfall of settlement money, but more so for an unbanked, undocumented worker who is unfamiliar with common banking laws in the United States. There is a large contingent of undocumented workers living in the US, most notably from Mexico and Guatemala….

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SYNERGY MSP Compliance: Protecting Your Firm in 2019

B. Josh Pettingill CMS has established a set timeframe to roll out formal guidelines for Liability Medicare Set-Asides (LMSAs) in 2019[1]. Plaintiff attorneys must develop Medicare compliance protocols for their law firms to avoid exposing them to liability from legal malpractice pitfalls. Plaintiff attorneys must go on the offensive regarding Medicare Secondary Payer (MSP) compliance…

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The 2018 End-of-Year Thought Leadership Review

As 2018 comes to an end, we are providing a complimentary recap of the important topics we have covered including Medicare Compliance, Lien Resolution, Settlement Consulting and Government Benefit Preservation, Structured Settlements, Trust Services, and Tax Deferral of Fees.  To learn more about any of these topics, use the links that correspond to the topics…

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TESTIMONIALS

"We have been using the lien resolution services Synergy offers for over a year, and it has been a load off of our back. As a trial attorney, I need my staff to spend time on litigation, not waste their time on hold with Medicare. The time and effort that we used to spend resolving issues with Medicare is now being used in much more productive ways. I haven’t called Medicare in over a year, and I hope I don’t have to call them again."

John D. Ayers, Esq.
Marks & Harrison, P.C.

"Synergy is a valuable partner in the successful resolution of catastrophic cases. Their understanding of complex issues including Medicare, Medicaid and financial planning – allows me to be certain that my clients and practice are protected."

Hector J. Lombana
Gamba & Lombana

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