9/12 - In our previous two videos regarding liens we explored the basic principles through which healthcare insurance liens are verified and resolved. We also discussed why it takes so long to resolve healthcare liens. We will now discuss the concept of lien “holdbacks” as a tool that is often used in Mass Tort Settlement programs to help balance the need to comply with the laws and the complex procedures regarding liens while accommodating the very real need to get settlement proceeds as quickly as possible in the hands of the injured plaintiffs.

The presenter and writer of the program, Matt Garretson, has spent 25 years of his life helping to design and administer large scale settlement programs, such as the World Trade Center First Responders, the BP Oil Spill, several Sexual Abuse settlements involving universities and religious organization and dozens of settlements involving pharmaceuticals and medical devices. He is the author of the textbook titled, “Negotiating and Settling Tort Cases,” that lays out how settlement programs should operate.