Medicare Section 111 mandatory reporting update
So, there's a new "stimulus" in town, and it's backed by the fines from CMS for failure to file eligibility reports.
As
you know, section 111 of the Medicare, Medicaid and SCHIP Extension Act
of 2007 ("Section 111") added some mandatory reporting requirements for
group health plans ("GHPs")--let's not forget about the "stimulus" for
compliance--$1,000 fines PER PERSON PER DAY for failure to report
qualifying individuals.
By the way, the timetable says that GHP's should be registered to begin testing already.
This
is all about Coordination of Benefits ("COB"). The Feds want to
be sure that if any other entity is on the hook for reducing Medicare's
costs on claims for individuals for which you manage coverage, you're
on the hot spot. Furthermore, they're requiring online reports, at
least quarterly.
If your legacy vendor still hasn't given
you Medicare COBA crossover claims yet, they'll never meet the
deadline. Getting these claims directly from the federal
contractor makes the COB process in your office much easier, and
MUCH MORE ACCURATE than waiting for the COB info from the Provider and typing it into your legacy system.
If
you already get COBA files directly, you can bet that your legacy
vendor will charge a hefty premium for adding the new Section 111
reports, even though the formats for reporting Section 111 eligibility
are very similar to the eligibility submission requirements for
COBA. Either
way, you owe it to yourself to look at SpyGlass. It's a claim system
that was made for HIPAA, is fully web-based, and designed to support
the market needs of today. It's a true "google era" application.
Check out our
PDF summary of
Section 111 mandatory reporting along with this commentary. The
original document is also available as html online at
the
CMS' website