In May, 2009, the Centers for Medicare and Medicaid Services (CMS) issued an alert to employers regarding the amendment of Medicare Secondary Payer provisions, Section 111 of the Medicare, Medicaid and SCHIP Extension Act. Section 111 reporting requirements are in addition to existing Medicare Secondary Payer (MSP) law and regulations. The new reporting requirements are […]
Medicare secondary payer, ReportingJune, 2008 The Auditors have arrived! ERISA audits will be more intense this year due in part to Statement on Accounting Standards (SAS) No. 104-111 which deal with Risk Assessment Standards. The Statements are effective for periods beginning on or after December 15, 2006; early adoption was permitted. These Standards provide guidance for the auditors […]
ERISA financial audits, Form 5500, ReportingMarch, 2006 Creditable Coverage Disclosure to CMS WHAT IS IT: Most employers that provide prescription drug coverage to Medicare Part D eligible individuals must disclose to Centers for Medicare & Medicaid Services (CMS) whether the coverage is “creditable prescription drug coverage”. This disclosure is required whether the coverage is primary or secondary to Medicare. Coverage […]
CMS, creditable coverage, Reporting(c) 2015 Erisa Diagnostics - We focus on benefits, so you can focus on business