How CareGuard Works

We're here to help you manage your medical funds after settlement

CareGuard's combination of member support and professional administration services was created with one goal in mind: making the post-settlement process seamless. CareGuard works like a traditional insurance card, and you will never touch a bill. Simply show your CareGuard card at your doctor's office or pharmacy. Our team will handle the rest!

Behind the scenes, we receive all of your medical bills and review them to ensure they are accurate and to apply our network discounts. CareGuard has established multiple partnerships with national networks of physicians, pharmacies, and durable medical equipment providers. By using your CareGuard card, you take advantage of our group buying power and we secure you discounts. With CareGuard, there are no restrictions on the providers you can see. You can visit physicians in or out of our network; you have the freedom to choose without ever having to go through utilization review.

When you become a member of CareGuard, our advocates speak with you at-length to understand your medical and financial situation so that we can best address your concerns. We will make sure that you understand the language in all of your settlement documents and medical bills. We will contact your doctors, providers, and pharmacies to introduce them to the CareGuard billing process, ensuring a seamless experience for you! Our team is experienced working with settlements that are both structured into annuities or paid out in a lump sum. We also manage funds for both Medicare Set Asides and other medical allocations. If you have a Medicare Set Aside, CareGuard automatically handles all required compliance reporting, submitting all reports directly to Medicare.

Along the way, as you use your CareGuard card, our member portal helps provide you visibility into all of your activity and savings. You can see your account trends and speak to our support team at any time for guidance. Ultimately, we are here to help you maximize your settlement funds and to feel better. If you have any questions, our team is standing by to assist you.