Synergy Blog

Lien Res Success Story – Synergy uses experience and expertise to reduce a self-funded ERISA plan’s demand by 95% for a savings of $210,144.45

This case involved the dependent of an ERISA plan enrollee who was injured in a slip and fall accident.  The plaintiff was injured when he fell from a balcony, landing headfirst onto a concrete sidewalk.  The plaintiff  retained legal counsel who was able to secure a settlement in the amount of $75,000.00 from the property owner.   The self-funded ERISA plan asserted a subrogation/reimbursement claim in the amount of $220,327.00 at which point plaintiff’s counsel engaged Synergy Lien Resolution Services.  Synergy utilized its experience and expertise in the area of ERISA healthcare lien resolution and the final result was a reduction in their demand of 95% for a savings of $210,144.45.

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TESTIMONIALS

“Synergy is our guiding light for deferring our contingent legal fees and planning for retirement. The lawyers at Panter Panter & Sampedro, myself included, have been working with them for over ten years using different methods to defer comp and plan for retirement.”

Brett Panter
Panter, Panter & Sampedro

"I don't think I've directly said "thank you" for helping us with Bridgett’s case. We sent the reduced payment to Medicaid and called Bridgett's mom to tell her approximately how much money was going to be left for Bridgett and she broke down over the telephone. Given only $25k of insurance and a $850k medical bill from the hospital she didn't think Bridgett would ever see a penny."

Tom L. Copeland
Jeffrey Meldon & Associates, P.A.

Understanding Structured Settlements and Medicare Set-AsidesThird Thursday Webinar Series

The parties agree that a Medicare Set-Aside is needed, now what? In this month's webinar, presented by Synergy CEO, Jason D. Lazarus, you will learn about the process basics for setting up a set aside including MSA allocations, funding mechanisms for set-asides, post-settlement administration as well as an overview of the process to make sure you close the case compliantly.

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