CMS seeks comment from industry professionals on options being considered for beneficiaries and their representatives to clarify how they can meet their obligations to protect Medicare’s interest in MSP Workers’ Comp or Liability claims. Comments must be submitted to CMS no later than 5 p.m. on August 14.
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The Centers for Medicare and Medicaid Services (CMS) has released a policy memorandum (dated September 29, 2011) pertaining to liability Medicare set-aside (L-MSA) arrangements.
To obtain a copy of CMS’ September 29, 2011 memo, click here.
Per CMS, “[t]he purpose of this memorandum is to provide information regarding proposed Liability Medicare Set-Aside Arrangement (LMSA) amounts related to liability insurance (including self-insurance) settlements, judgments, awards, or other payments (‘settlements’).” Continue reading “CMS Releases Policy Memo Addressing Liability MSAs”
The Centers for Medicare and Medicaid Services (CMS) has announced a $300 monetary threshold for certain liability cases. If the requisite threshold criterion is met, Medicare will not seek recovery against a beneficiary’s settlement, judgment, award or other payment.
To learn more about CMS’ new $300 liability threshold, including the various criteria that must be met, visit http://www.msprc.info/ and http://www.msprc.info/index.cfm?content=includes/toolkits/insurer_nghp.