MMSEA Section 111 Data Reporting. Are You Prepared?
Learn more about the recent information related to reporting required by all Responsible Reporting Entities (RRE's).
With the Medicare Secondary Payer Mandatory Reporting well underway as of January 1, 2011 for all Workers' Compensation Insurance, it is important to note that all Liability Insurance (including Self-Insurance) RRE's will need to begin preparing now for their reporting based upon a predetermined schedule with the COBC. Beginning January 1, 2012, these entities will be required to submit their Medicare, Medicaid, and SCHIP Extension Act of 2007 (MMSEA) Section 111 production Claim Input Files or face possible penalties and or fines!
Most data reporting agents are charging over $15,000 for set-up negotiations with Centers for Medicare and Medicaid Services (CMS) for RRE reporting. As you may already know, we have a "Lowest Price Guarantee" and continue to offer this service at a reduced cost as part of the Medicare Set Aside (MSA) Data Reporting and Approval Package. If you still have not yet selected a data reporting vendor and are not yet ready with your reporting, then please give us a call today for more information in this regard. We can help you with total CMS Compliance!