The Centers for Medicare & Medicaid Services (CMS) has recently issued a revised Self-Administration Toolkit for Workers’ Compensation Medicare Set-Aside Arrangements (WCMSAs). The latest version 1.2 was published on April 2, 2018. The main purpose of this toolkit is to provide self-administering injured individuals a guideline on how to properly administer their funds. The toolkit is vital to those who are self-administering. While CMS has stated that Professional Administration is highly recommended, individuals still have the choice to handle everything on their own. This toolkit provides them a roadmap from the establishing of their MSA Account to complete exhaustion of their funds. The latest version of the Toolkit can be found here.
