InsurCard Medicare Set-Aside Program
For Self-Administration (MSA)InsurCard Medicare Set-Aside Program
For Self-Administration (MSA)
MSA SELF-ADMINISTRATION
The InsurCard MSA (Medicare Set-Aside) Program provides Technology Assisted Guidance for those who choose MSA Self-Administration
The InsurCard MSA Program is a debit card-based product designed for individuals who have received an insurance claim settlement and need to follow Medicare Set-aside regulations. The MSA program is a set of automated tools that give the advantages of professional administration to those who choose to self-administer their settlement.
90% of Recipients Choose Self-Administration
Debit Card Advantages
- Tracks Payments
- Can’t Overdraft
- Use Merchant Category Codes (MCC)
- Gives Some Freedom to Recipients
Benefits
- Provides Discounts on Medical and Drug bills:
- Discounted pharmacy program that rivals the large insurance companies
- Reduced pricing for hospital and doctor bills
- Checks account balance and ensures that purchases are authorized by Medicare. All at the swipe of the debit card
- Tracks expenses for reporting to CMS, so the recipient doesn’t need to have a shoe box full of receipts
- Gives controls to avoid temporary exhaustion and support if it happens
- Offers text and email notifications for low balances and transactions
- Drafts CMS reporting requirements for review and signature
- FDIC protects funds against loss or theft.
- Trained call center representatives are ready with support and answers
DID YOU KNOW…
CMS often estimates the lifetime cost of medical and pharmacy needs for your MSA based on insurance pricing which is not available to those who self-administer.
The InsurCard MSA Advantage
- Offers a unique MSA program which uses electronic payment technology to manage MSA settlement fund accounts
- Technology takes away the burden of record keeping, reporting, and provides real time access to transaction and balance information
- Uses a debit card that eliminates mistakes, expense and uncertainty for those who choose self -administration
- Offers discounts that rival large insurance companies
Advantages Without the Cost of Professional Administration
MSA Process Steps
Call Today
215-855-1115
Call Today
215-855-1115
InsurCard® is the leading issuer of debit cards for the payments of property claims and casualty claims. Workers’ Compensation claim payments are made with state approved prepaid programs for injured worker benefits.
Get More Information
Have a question about the InsurCard programs? Speak with an associate today.
Share With An Associate
Share this page with friends and business associates through social media and email.
InsurCard® is the leading issuer of debit cards for the payments of property claims and casualty claims. Workers’ Compensation claim payments are made with state approved prepaid programs for injured worker benefits.
GET MORE INFORMATION
Have a question about the InsurCard programs? Speak with an associate today.
SHARE WITH AN ASSOCIATE
Share this page with friends and business associates through social media and email.
CORPORATE HEADQUARTERS
1741 Valley Forge Road
Unit 633
Worcester, PA 19490
SALES & PRODUCT INFORMATION
Phone: 215-855-1115
Fax: 215-855-1117
Email: muehling@InsurCard.com
CORPORATE CUSTOMER SERVICE
Phone: 215-855-1115
Fax: 215-855-1117
Email: support@InsurCard.com