The Official Medicare Set Aside Blog And Information Resource

Frank Fairchok Joins MEDVAL as Vice President of Medicare Reporting Services

Medicare Set-Aside Blog, MSP News on March 26, 2021
Posted by Shannon Flynn

This week, MEDVAL welcomed Frank Fairchok to our team as Vice President of Medicare Reporting Services. In this role, he will provide technical oversight of all aspects of MEDVAL’s Medicare reporting service offerings. “We are extremely excited to add Frank’s strong background and unparalleled experience to our team,” said Jon Gunter, President of MEDVAL. “He […] Continue

Highlights from the Benefits Coordination & Recovery Center (BCRC) NGHP Beneficiary Recovery Process Webinar

CMS, Conditional Payments, Medicare Secondary Payer Recovery Portal, Medicare Set-Aside Blog, MSP News on December 21, 2020
Posted by Shannon Flynn

On December 9, the Centers for Medicare & Medicaid Services (CMS) held a webinar focused on the Medicare Secondary Payer (MSP) recovery process when a Medicare beneficiary receives a settlement, judgment, award, or other payment. The Benefits Coordination & Recovery Center (BCRC) presented a refresher on the beneficiary recovery process, including what functions can be […] Continue

New MSP Law Alert: The PAID Act

Conditional Payments, Mandatory Insurer Reporting, Medicare Advantage, Medicare Set-Aside Blog, MSP Litigation, MSP News on December 17, 2020
Posted by Jessica M. Wingenroth, JD

Medicare Advantage Plan and Prescription Drug Plan Information will be Disclosed to Section 111 NGHP RREs Beginning in December 2021 On 12/11/2020, President Trump signed into law H.R. 8900, which made headlines as a one-week continuing resolution (CR), to prevent a government shutdown. However, tucked away within H.R. 8900, the “Further Continuing Appropriations Act, 2021, […] Continue

CMS Will Maintain $750 Recovery Threshold for 2021

CMS, Mandatory Insurer Reporting, Medicare Set-Aside Blog, MSP News on November 30, 2020
Posted by Shannon Flynn

The Strengthening Medicare and Repaying Taxpayers Act of 2012 (the SMART Act) requires the Centers for Medicare & Medicaid Services (CMS) to publish an annual threshold for recovery in November, each year.  This threshold amount reflects an amount for which CMS will not spend more on collections than a claim is likely to yield. On November […] Continue