Legal Question in Personal Injury in Illinois
medicare reimbursement
My attorney wants me to settle
a lawsuit and sign a release
without going to court.He
wants to hold 50% of the
settlement in escrow to repay
medicare. Can't I be
responsible for that myself and
who notifies medicare? The
amount I totaled from my
records is less than 1/4 of the
amount they want to keep?
Asked on 3/03/09, 11:08 am
1 Answer from Attorneys
Re: medicare reimbursement
No. However, you can ask your attorney why 50% is being held instead of 25%. Also, you attorney should be able to obtain a reduction in the lien. This is cusomary and medicare has a formula for such a circumstance.
Answered on 3/03/09, 11:13 am