I work for a workers’ compensation insurance carrier and we’re considering using an Evidence Based MSA to settle out a case. I’ve heard that ECS offers lifetime indemnification to the parties settling a case with an EBMSA. Is this true, how does it work, and what else should I know about getting an EBMSA?
Great question. I’m happy to report that it’s true. ECS will indemnify the parties to the settlement up to the full settlement value for life if the claimant’s EBMSA funds are professionally administered by a reputable professional administration company.
Here’s how it works:
ECS’ MSA options allow parties to swiftly and economically resolve claims using our vast clinical and compliance resources to implement an evidence-based approach. Please reach out to your Regional Compliance Consultant with any questions.