Attention Workers’ Comp Insurers –
CMS has announced NEW mandatory thresholds applicable to all WC Settlements, Judgments, Awards and other payments. TPOC Implementation timeline and payment thresholds to claimants have been revised for Section 111 reporting.
Click here to review the revised TPOC dates and dollar amounts.
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.