Don’t let options confuse you.
Let FFC help you sort it out.
Introducing FFC’s new “Benefit Report” Services
Whether you need additional information for settlements, old-dog cases, or active cases you are struggling with, let FFC help you! As we all know, there is an abundance of benefit packages related to injured workers, Medicare beneficiaries, and their family members. Understanding how to preserve these benefits pre-and-post-settlement is key to positive outcomes for everyone.
Here are a few of the more common benefit programs:
- Medicare (Parts, A, B, or D)
- Medicaid
- Social Security Disability Income (SSDI)
- Supplemental Security Income (SSI)
- Veterans Healthcare
- Veterans Compensation & Disability
- Supplemental Nutrition Assistance Program (SNAP)/EBT/Food Stamps
- Medicare Set-Aside (MSA)
- Medigap
- Medicare Advantage (also known as Medicare Part C)
- Consolidated Omnibus Budget Reconciliation Act (COBRA)
- Institutional Care Program (Long Term Nursing Home Care)
- Medically Needy Program
- MEDS-AD
- Protected Medicaid
- Home or Community Based Medicaid Waiver Programs
- Optional State Supplementation
- Home Care for Elderly and disabled (HCE/DA)
- MRMIP (CA Only)
What an FFC “Benefit Report” will include:
1. Explanation of Benefits
- Benefits entitled to, also benefits denied
- How your benefits interact, who pays first and when in your specific state
- Special circumstances
- Calculations for benefits offset (i.e. SSDI and Lump Sum)
2. Best Practices for beneficiaries with settlements or about to settle
- How to preserve your benefits
- What will impair your benefits if you settle without proper planning
- Common mistakes
3. Basic Budgeting for your post settlement needs
- How much you need based on current benefits and needs
- Recurring costs and one off large items (i.e. home or car)
4. Other Helpful Information
- Dealing with a Special Needs Trust?
- Purchasing Trust Administration?
For more information on Fidelity Fiduciary Company’s Benefit Report Services email us at FFC@FFCadmin.com.