CMS Announces Innovation and Expansion of Liability MSAs
On June 9, 2016, CMS Acting Administrator Andy Slavitt appeared at the Marketplace Innovation Conference and summarized the Health Marketplace initiatives. The emphasis was placed on consumerism shaping the course of future health care.
“The Marketplace gives the consumer a voice they have never had before. And every day, the Exchange gives us unprecedented insight into how consumers behave and what they want from the health care system”, Slavitt said. For a copy of the full address, please click here >>
Additionally on June 8, 2016, the Centers for Medicare and Medicaid Services (CMS) announced it is considering expanding its voluntary Medicare Set-Aside (MSA) review process to include the review of proposed liability insurance (including self-insurance) and no-fault insurance MSA amounts. CMS plans to work closely with the stakeholder community to identify how best to implement this potential expansion. CMS will provide future announcements of the proposal and expects to schedule town hall meetings later this year.