The National Alliance of Medicare Set-Aside Professionals (NAMSAP) held its Sixth Annual Meeting and Educational Conference on September 30th and October 1st in Arlington Virginia.
The event was well attended by many different stakeholders in the industry including allocators, carriers, defense attorneys, plaintiff attorneys, structured settlement consultants and MSA professional administrators. In my opinion, the highlight of the event was the exceptional quality of the educational presentations. The panel approach, together with excellent audience interaction, was used for most presentations and it worked extremely well. The topics were well chosen and maintained a broad appeal to a diverse audience.
Eric Vaughn, the current Executive Director of the National Structured Settlement Trade Association (NSSTA), did a terrific job as the keynote speaker. He was dynamic, engaging and humorous throughout. He challenged NAMSAP to work together with NSSTA on issues that we agree on in order to grow our industries together. He said not only is his door always open, but there is also a chair at his table that is available to sit and work together.
The first legal update presentation by Mark Popolizio, Jill Schroeder and Martin Cassavoy updated the audience on current case law effecting our industry. Interestingly, the US v. Stricker opinion was published the same afternoon that they were speaking about it (more about this in a later blog). Later, Roy Franco updated the audience on the progress of the Medicare Secondary Payer Enhancement Act (HR 4796), which was introduced in the House of Representatives in April of 2010.
There were six additional presentations which discussed topics ranging from professional administration and structured settlements to an MSA case study and rated age discussion. There was also a buffet dinner provided in the hotel’s top floor restaurant, which provided an excellent networking opportunity. As part of his closing remarks, President Michael Westcott announced that the next annual meeting would be held in New Orleans in October 2011.
On a personal note, I am honored to be serving on the board of directors of NAMSAP for this upcoming term. I also will be serving as Secretary of the Board. These are exciting times to be in the Medicare Set-Aside Industry.
For a very good review of the event see the blog article written by Patrick Hindert, Managing Director of The Settlement Services Group, at http://s2kmblog.typepad.com/rethinking_structured_set/ .