MSA News - The Centers for Medicare & Medicaid Services (CMS) Change Threshold Limits
On February 18, 2014, CMS Changes Computation of Liability Insurance Reporting and Recovery Thresholds.
CMS has just announced on February 18, 2014, that Non-Group Health Plan (NGHP) liability settlements below $1,000 do not need to be reported and CMS will not seek Conditional Payment reimbursement. This change will eliminate substantial reporting and administrative requirements for insurers, self-insurers, and third party administrators (TPAs). For more information from CMS, please click here.