February 18, 2010

Update on Medicare Reporting Requirements - New Deadline

Update on Medicare Reporting Requirements - New Deadline
by: Chuck DuBose, Esq.

The Centers for Medicare & Medicaid (CMS) continues changing the deadlines involved with the new Section 111 Mandatory Medicare Reporting Requirements. CMS just announced it has delayed implementation of the Medicare reporting requirements until January 1, 2011 (rather than April 1, 2010 as previously planned). This delay is certainly welcome news and follows a request by the American Insurance Association (AIA), the Self-Insurance Trade Institute of America, Inc. and various representatives of the insurance industry who claimed that more time was needed. CMS also announced that all RREs (Responsible Reporting Entities) should be registered now and should either be in the file testing state of preparing for it. According to CMS, the file testing stage should be completed by December 31, 2010.

Implementing the reporting deadlines as CMS had previoulsy planned (on April 1, 2010) would undoubtedly have caused significant hardship and possible substantial fines to insurers and self-insured companies, especially in light of the fact that CMS has not yet provided the final reporting parameters to meet the requirements. We will continue our involvement in this important area and keep you updated with any further changes.

If you have any comments or questions, please call your David & Rosetti attorney at (404) 446-4488 or by visiting our website at www.davidandrosetti.com

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