The Medicare, Medicaid, and SCHIP Extension Act of 2007 (MMSEA)has created new reporting obligations for businesses. The federalgovernment, through its increasing enforcement of the MedicareSecondary Payer Act (MSPA), has demonstrated an objective to avoidor recover all Medicare costs for which a privately insured orself-insured program can be held responsible.

The current implementation of MMSEA will likely enable even morerigorous enforcement, which will further enhance the need foraccurate claim processing and resolution. This is partially becausenon-compliance -- in the form of inaccurate or inflated payments --will result in hefty fines or penalties.

To address Medicare compliance as a core claim managementresponsibility, Sedgwick Claims Management Services, Inc. hasdeveloped an in-house, integrated option for its clients. Availableto workers' compensation and liability claim management clients,Sedgwick's CMS Medicare solution includes Medicare set-asidedetermination, Medicare conditional payment ("lien") negotiationand resolution, and related consulting services.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.