Given the challenge that Medicare Set-Asides (MSAs) have posed to parties settling cases over the past two decades, Medicare Secondary Payer (MSP) compliance providers, lawyers and advocates have [...]
CHRONOVO LAUNCHES CHRONOVOCARE, THE INDUSTRY’S FIRST 3-IN-1 MEDICAL SAVINGS PROGRAM, TO EXPAND ACCESS TO FAIR PRICING FOR ALL
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FOR IMMEDIATE RELEASE
BURLINGTON, MASSACHUSETTS—October 6, 2020—Chronovo, Inc. is extending its ability to support carriers, TPAs and injured individuals with a new path to [...]
Happy 30th Anniversary. Thirty years ago, on July 26, 1990, President George H.W. Bush spoke to 2,000 people gathered on the South Lawn of the White House to officially sign the Americans’ with [...]
Changing Course on Your MSA Submission Policy During the COVID-19 Crisis and the Role of Structures
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Since Medicare Set-Aside (MSA) submissions to Capital Bridge, CMS’ Workers’ Compensation Review Contractor (WCRC), are submitted via electronic portal and reviewed remotely, we have been told [...]
In the hunt for optimal settlements, injured individuals and their families are often tempted by the promise of big and immediate bounty. “Take the money and run” sure sounds good. But bagging a [...]
The future is always complicated by unexpected events. For injured individuals and the professionals responsible for safeguarding their financial security and stability, there’s one way to [...]
Insurance CIO Outlook Magazine has recognized Chronovo as a Top 10 InsurTech Startup for 2019. The current issue of the magazine features profiles of the [...]
FALSE! Subject to state laws and especially when combined with Special Needs Trusts, structures are typically considered policies—not assets—when calculating AFDC, SSI, Medicaid and other [...]
A budding entrepreneur comes up with an innovative approach to the problem of candy disbursement. After all, Halloween stockpiles never last. Chocolate Easter eggs are subject to forfeiture by [...]
Not at all. Structures are just one part of a complete financial plan. Settlements can—and probably should—always include up-front cash, timed lump sums for big life events (like [...]
