Innovation in MSA Administration
For over 27 years, DataPath has pioneered comprehensive, easy-to-use administration systems for consumer-directed reimbursement accounts. These patented systems give patients greater control over their health budgets enabling them to make decisions about health care based on the cost of treatment.
The Centers for Medicare/Medicaid Services (CMS) require the claimant to be responsible for administering their Medicare Set-Aside (MSA) account — either as a self-administrator or with the professional assistance of a third party administrator. DataPath recognized this system as claimant-directed and applied its consumer-directed innovations to MSA administration, creating the only system on the market that is claimant-centric in philosophy and design, and exceeds the CMS standards.
Minimized Risk and Regulatory Compliance
For the Claimant
- Protection of account assets
- Protection of Medicare eligibility
- Ease and certainty of access to required future health care
For the Settlement Payer
- Minimize dissipation risk due to relationship problems, lack of financial management experience, ineligible expenditures and possible recurring litigation
- Cost-efficient means to secure claimant satisfaction
- Manage reversionary or remainder interest in account
- Hold Harmless Provisions from system administrator
- Payer held harmless from any Medicare recoup or recovery actions of account funds
- Payer held harmless from any action due to errors, omissions or loss by administrator
For the Payer Settlement Representative
- Negate potential for malpractice or negligence allegations by minimizing claimant exposure to adverse actions and/or sanctions from Medicare
- MSA Administration System, when presented as a claimant resource, can be used to enhance and expedite settlement negotiations
- Cost-effective means to generate continued business referrals by expediting case settlements and by protecting the payer from further liability
Claimant-Centered System Features | MSA Resources
