Best Option for an MSA

Why a Structured Settlement May Be the Best Option for an MSA

A Medicare Set Aside (MSA) is the preferred vehicle for protecting Medicare’s interest. There are two options for funding an MSA: a lump sum or a structured settlement. A common misconception that attorneys have about structured settlements is that they are a time-consuming task. They figure, why bother when it’s likely that their client will prefer a lump sum payment. Contrary to what some attorneys believe, funding an MSA with a structured settlement may be the best option for some clients.

Why Choose a Structured Settlement?

Structured settlements can save your client’s money over time because it allows you to fully fund the Medicare set aside allocation at the lowest cost possible. This is cheaper than funding with cash. Once the funds are exhausted within an annual period, Medicare will then pay medical costs for the remainder of that period. With a lump sum, on the other hand, the MSA must be depleted entirely before Medicare resumes as the primary payer.

Benefits of a Structured Settlement

Attorneys must remember their obligation to their clients when resolving their cases. It is to first protect Medicare’s interest while maximizing their client’s settlement proceeds to secure their future financial needs. Benefits of a structured settlement include:

  • Long-term security
  • Tax-free income
  • Low risk
  • Protection from economic uncertainty
  • No ongoing management fees
  • Flexible payment options to meet client’s current and future needs

Why a Settlement Planner is Necessary

When it comes to structured settlements and Medicare set aside allocation, you cannot afford to have a “leave well enough alone” mindset. These settlements are meant to ensure that your client is properly cared for financially for the remainder of their life. The decision to use a structured settlement must be made before finalizing your client’s settlement. If you feel that you are not sufficiently knowledgeable about MSAs consider bringing in the experts at Synergy Settlement Solutions to help you plan your client’s structured settlement and to guard yourself against malpractice exposure.

For more information or to schedule a consultation, please submit our contact request form or call (877) 242-0022.

Disclaimer: The information contained in this article is for general educational information only. This information does not constitute legal advice, is not intended to constitute legal advice, nor should it be relied upon as legal advice for your specific factual pattern or situation.


"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)

"I have used Synergy to resolve tough Medicare lien and set aside issues. There is no other practice that comes close to the quality of their work. I highly recommend them and they are a must for the substantial, tough cases."

Mark R. Hanson
LaBovick Law Group

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