Medicare, Medicaid and SCHIP Act
The Medicare, Medicaid and SCHIP (MMSEA) legislation passed in 2007 requires reporting of claims data to Medicare on a timely basis. There is a $1,000 per day per claim penalty for failure to report in a timely manner and in the format set out by Medicare. Medicare will use this data to verify carriers’ and self-insureds’ compliance to the Medicare Secondary Payer (MSP) act.
Mackinaw Administrators is proud to announce that it has partnered with Gould & Lamb, the nation’s largest and most experienced MSP compliance partner to provide our SCHIP reporting and ensure MSP compliance. Gould & Lamb has handled over 100,000 Medicare Set Asides (MSAs) and they are approved by Medicare to report data.
For more information on how Mackinaw Administrators can assist your company with MMSEA compliance, please contact Brian Morrison at 810-844-8115 or firstname.lastname@example.org.
For more information on Gould & Lamb and for updates on the Medicare, Medicaid and SCHIP Act, please visit their website at www.gouldandlamb.com.