CMS Issues Second Alert Clarifying $1,000 Reporting and Conditional Payment Recovery Amount Threshold for Liability Only
In conjunction with the alert report for February 18th, CMS provided additional clarification that the change in Threshold is limited to physical trauma-based liability insurance settlements. (Note: This threshold does not apply to settlements for alleged ingestion, implantation or exposure cases.) The new threshold is effective immediately. This means that physical trauma-based liability settlements of $1000 [...]