New CMS Life Expectancy Table Effective July 19, 2010
The Centers for Disease Control (CDC) has published its 2006 United States Life Tables. Effective July 19, 2010, the Centers for Medicare & Medicaid Services (CMS) will begin referencing the CDC's Table 1: Life table for the total population: United States, 2006, for WCMSA life expectancy calculations. This means that for any newly submitted WCMSA proposal received by CMS' Coordination of Benefits Contractor (COBC), or where any WCMSA case is reopened on or after July 19, 2010, CMS will apply the CDC's 2006 Table 1 for life expectancy calculations.
Please continue to use the Social Security Administration's (SSA) "Period Life Table" for allocations of net Redemption proceeds over plaintiff's life expectancy.
The CMS website is a good source for up-to-date information and changes as they relate to workers' compensation.
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