Insurance companies are reporting that, even though the situation is improving substantially, there are still many attorneys who appear to be unaware of the new Medicare reporting rules (Medicare Secondary Payer) which require them, insurance companies, and even the client (plaintiff) to report any personal injury settlement, judgment or other money award to the Centers for Medicare and Medicaid Services (CMS).
This requirement since 2010 applies in all cases where Medicare has rendered payments or could render future payments for care based on the injury alleged in the personal injury case.
Failure to comply could result not only in CMS placing a lien on the award for Medicare reimbursement, but also imposing fines of up to $1,000 a day.
[www.breakinglegalnews.com/category/Elder]
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