CMS Announces New Fixed Percentage Option Regarding Medicare’s Recovery Claims for Certain Liability Settlements

The Centers for Medicare and Medicaid Services (CMS) has announced a new fixed percentage option regarding Medicare’s recovery claims for certain liability (including self-insurance) settlements beginning November 7, 2011. To review CMS’ announcement, click here www.msprc.info

This option will be available to beneficiaries who receive certain types of liability (including self-insurance) settlements of $5,000 or less. Under CMS’ new plan, a beneficiary who elects this option will be able to resolve Medicare’s recovery claim by paying Medicare 25% of his/her total liability settlement instead of using the traditional recovery processes. Continue reading “CMS Announces New Fixed Percentage Option Regarding Medicare’s Recovery Claims for Certain Liability Settlements”