Beginning June 4, 2022, CMS will utilize the CDC’s “Table 1: Life Table for the total population: United States, 2019” for the Workers’ Compensation Medicare Set Aside life expectancy calculations. Despite the life table changing very little overall (an increase of .1 years of life expectancy in a child born in 2019), the tables do vary more than that based on an individual’s current age. Any MSA priced before June 4, 2022 should be reviewed to ensure the life expectancy has not appreciably changed or it will risk a dreaded “counter” letter from CMS upon submission.
At NBKL, we always double check life expectancy has not changed before submission. If you have a case with us which is nearing settlement, please reach out to us to make sure the numbers you are using are up to date.
The CDC’s 2019 Life Tables can be found here: https://www.cdc.gov/nchs/data/nvsr/nvsr70/nvsr70-19.pdf