Do you Have More Questions About the New Electronic Payment Feature on the MSPRP?
As you may know, the Centers for Medicare and Medicaid Services (CMS) recently added new functionality to the Medicare Secondary Payer Recovery Portal (MSPRP) allowing electronic payments to be made, as discussed here on our blog. Last week, CMS issued a document providing answers to frequently asked questions as related to the new functionality. This feature is only available on cases where a demand letter has been issued.
In order to take advantage of this new feature on the MSPRP, authorized users may login to the MSPRP at https://www.cob.cms.hhs.gov/MSPRP/login and search for the case. If the case is eligible for electronic payment, the green “Make a Payment” button will be available. There are three approved payment methods, either checking or savings account, PayPal or debit card, and these payment forms all have different limits:
- Checking or savings account (ACH): the limit is $99,999,999 (or the limit set by your financial institution)
- PayPal (Credit card): The limit is $10,000.00; or
- Debit card: The limit is $24,999.99.
As we discussed recently, there are now some additional enhanced features that have accompanied the new electronic payment feature. Specifically, the MSPRP is now listing the principal amount and showing the amount of interest accrued, with an area to show the rate of interest. We are hopeful that with this new MSPRP functionality, we will only continue to see additional enhancements and improvements.
Please feel free to reach out to a member of our team if we may provide any additional information or answer any questions about the MSPRP or the Medicare conditional payments recover process.