Synergy Blog

Lien Res Success Story – Synergy reduces ERISA lien by 66% and obtains full waiver of Tricare lien

This is a case wherein the plaintiff was injured in a motor vehicle accident.  The plaintiff was completely stopped at a traffic light when she was struck from behind by the tortfeasor.  The plaintiff suffered injuries to her back, neck and leg incurring medical damages in excess of $25,000.00.  The plaintiff retained counsel who was able to obtain a policy limits settlement in the amount of $30,000.00.  A self-funded ERISA plan and Tricare asserted subrogation/reimbursement claims against the settlement proceeds.  The plaintiff’s attorney engaged Synergy Lien Resolution Service to assist in resolving these liens.   Synergy was able to utilize its experience, expertise and existing relationships with both the ERISA plan’s recovery vendor and the Judge Advocate Generals’ office to quickly resolve these matters.  The result of Synergy’s assistnace was to reduce the ERISA plan’s repayment demand by 66% and to obtain a full waiver of Tricare’s reimbursement claim.

TESTIMONIALS

"I just wanted to say thanks to you and the entire Synergy Settlement Services team for helping us put together a series of structured settlements and special needs trusts in two complex cases involving significant recoveries. As always, your accessibility, guidance and expertise on a whole host of post-settlement issues is very much appreciated and valued, particularly with respect to the often confusing topic of Medicare set asides. I look forward to our continued collaboration on cases in the future and am very appreciate of the first rate service your company continues to provide to our clients."

Stephan Le Clainche
Formerly of Babbitt, Johnson, Osborne & Le Clainche

"Whenever I have turned to Synergy, their team has always been there for our firm and our clients. They always take the time to answer all our clients’ questions and provide quick, accurate and reliable information so they can make an informed decision regarding structured settlements. With Synergy on our side, we know that our clients are getting the best service and the best structured settlements."

Troy Rafferty
Levin, Papantonio, Thomas, Mitchell, Echsner & Proctor

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