Medicare Set Aside News - DC Takes A Look at the Medicare Secondary Payer Process
We have keeping an eye on all of the new information coming out of Washington related to the Medicare Secondary Payer (MSP) requirements. Get a closer look...
As some of you may have heard, on July 22, 2011 the Energy and Commerce Subcommittee on Oversight and Investigations drafted a letter to Secretary Sebelius and Administrator Berwick advising the American People deserve an effective and efficient government and that we cannot accept collection procedures that come at an unreasonable cost to the taxpayer. It appears that the Subcommittee members may be seeing the value in a Medicare Secondary Payer (MSP) recovery threshold, as well as the urgency of striking a balance between the cost of the current recovery process and the stability of the Medicare fund. Additionally, on October 17, 2011, the equivalent of H.R. 1063 (Saving Medicare and Repaying Taxpayers-SMART Act) was introduced in the U.S. Senate by Senators Nelson, Burr, Portman, and Wyden as S. 1718. The MSP reform efforts now have bipartisan support in both the House and Senate of Congress. It is anticipated not much progress will occur until the Congressional Budget Office and General Accounting Office complete their studies. We will continue to keep you updated as the Medicare Advocacy Recovery Coalition (MARC) continues its efforts for legislative change.
Please click the link for more information about H.R. 1063 The Strengthening Medicare and Repaying Taxpayers Act (SMART Act).
Please click the link for more information about S. 1718 The Strengthening Medicare and Repaying Taxpayers Act (SMART Act).