How is Your Organization Addressing the New Federal MMSEA Requirements?
The Time to Act is Now.
The Medicare, Medicaid, and SCHIP Extension Act of 2007 (MMSEA) impacts the handling of Workers' Compensation, Liability, Auto No-Fault, and Self-Insurers claims, defined by CMS as Non-Group Health Plans (NGHP). Section 111 of this Act requires reporting of certain cases and transactions to Medicare.
The primary goal of Mandatory Insurer Reporting is to identify and enforce Medicare's Secondary Payer (MSP) rights through recovery of conditional payments and ensure that settlements, judgments, and awards adequately protect Medicare's interests. Fines for non-compliance are $1,000 per claim per day.
Testing begins in January 2010, and reporting is required beginning in April 2010. The time to act is NOW.