The Centers for Medicare and Medicaid Services has announced that it will convert to the CDC’s “Table 1: Life Table for the total population: United States, 2015“ for Workers’ Compensation Medicare Set-Aside life expectancy calculations. The change to the updated life table will become effective as of January 5, 2019. There is a slight increase in life expectancy reflected in the new table and in some circumstances this may decrease WCMSA calculations. All WCMSAs should reflect the updated life table changes from January 5, 2019 and ongoing.
For further information regarding this alert or any Medicare compliance needs, please contact the NuQuest Legal Team.