There’s no denying it. Summer is in the air! The days and weeks ahead of family vacations, weekend getaways, or just enjoying a good book on a beach with the sound of lapping waves to keep you company are fast approaching. We have just one… Read More »Are YOUR CLAIMS Ready for Your Summer Break?
Last week, we spoke about the lack of transparency and compliance with Medicare Secondary Payer (MSP) in the Property & Casualty claims environment, and the reasons for that. Did you also know that despite all the “pats on the back” for underwriting profitability with… Read More »Your Workers Compensation Program Has a Claim Problem
Do your claim professionals recognize a claim involving a Medicare Beneficiary in 2022? Do they understand the full scope of Medicare’s regulatory requirements to consider at the time of settlement? Do your claim professionals recognize the monetary and reputational risk involved if they fail to… Read More »Are You at RISK of Medicare Secondary Payer NON-Compliance in 2022?
As a data-driven company, we measure and watch the Centers for Medicare and Medicaid Services (CMS) Workers’ Compensation Review Center (WCRC) where workers compensation MSA (Medicare Set Aside) determinations are made. We compare each CMS determination against Care Bridge International’s proposed MSA for accuracy. A… Read More »BEWARE! Errors in the CMS MSA Review Process
YOU CAN BE fast and accurate! Calculating medical reserves is an important part of the workers compensation claims process, but it has historically been inaccurate and time-consuming. According to the American Society of Actuaries, in the past 4 decades, 100 insurance companies became insolvent mostly… Read More »Analytic-Powered Medical Reserve
We listened. We heard you. We’ve got the solution. WE ARE PROUD TO ANNOUNCE that we’ve partnered with INSURCARD MSA Debit to bring you a TOTAL payment solution to comply with Medicare Secondary Payer regulations. InsurCard is more than just a debit card; it’s a… Read More »Care Bridge International and InsurCard MSA
At times, when settling a disputed or denied claim, parties to the settlement opt to obtain a zero-dollar Medicare Set Aside (MSA) Allocation. A zero-dollar MSA simply means that a thorough narrative report, based on the medical/ legal facts of the claim, is presented to… Read More »When a Zero-Dollar Medicare Set Aside Isn’t Enough
On January 10, 2022 CMS Released an updated WCMSA Reference guide adding a new section, Section 4.3, entitled “The Use of Non-CMS-Approved Products to Address Future Medical Care.” Workers’ Compensation Medicare Set-Aside (WCMSA) Reference Guide (Version 3.5, January 10, 2022). Section 4.3 The Use of Non-CMS-Approved… Read More »CMS Announces Additional Clarification Regarding Non-Submit MSAs
We once wrote a blog that struck a familiar chord with many people in our industry from the C-Suite to Service Providers and every claim professional in-between. We received a lot of whispered feedback from our audience, that we candidly addressed some of the greatest… Read More »WALK, RUN, SPRINT Evolution to Digital Claim Efficiency
Last month we talked about CMS’ new Section 4.3 of the WCMSA Reference Guide, entitled “The Use of Non-CMS-Approved Products to Address Future Medical Care.” Workers’ Compensation Medicare Set-Aside (WCMSA) Reference Guide (Version 3.5, January 10, 2022). Since the release of our blog, The National… Read More »The Conundrum of Medicare Set Asides: A Case Study