By Angela Childers|February 26, 2020
Business Sources A long-awaited proposed rule regarding late reporting of Medicare Secondary Payer data could mean potentially significant penalties for workers compensation insurers, self-insured entities and others. The Centers for Medicare & Medicaid Services released the proposed rule for Section 111 reporting on Feb. 18 — seven years after it first accepted comments on the issue of penalties for failure to accurately report Medicare Secondary Payer data and 13 years after the creation of Section 111. WASHINGTON, DC – The Medicare Advocacy Recovery Coalition (MARC) Chair Re Knack today issued the following statement regarding the Centers for Medicare and Medicaid Services (CMS) release of a proposed rule concerning how it will assess penalties for Medicare Secondary Payer (MSP) late reporting:
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