Video from a seminar entitled Proving the Value of Present and Future Medical Bills under Howell, Corenbaum and Dodd v. Cruz and How to Establish “Negotiated Rate Differentials” in Medicare, Kaiser and other Lien Cases presented by the Association of Defense Counsel of Northern California and Nevada.
Change in Reporting Threshold for Certain Liability Settlements, Judgments Awards, or Other Payments
As required by section 202 of the Strengthening Medicare and Repaying Tax Payers Act of 2012 (SMART Act), the Centers for Medicare & Medicaid Services (CMS) has reviewed the costs related to collecting data and determining the amount of Medicare’s recovery claim and has calculated a revised single threshold for physical trauma-based liability insurance settlements. (Note: This threshold does not apply to settlements for alleged ingestion, implantation or exposure cases.)
ALERT! We have recently experienced an increase in errors by COBC and/or MSPRC in processing information and conditional payment summaries related to liability claims and lawsuits. Each entity blames the other for these mistakes. Examples of errors include, but are not limited, to the following: COBC opening a file under the wrong name and/or Medicare …
The Medicare Secondary Payer Recovery Portal is expected to go live in June of 2012.