CMS announces suspension of reporting requirements for settlements.

The Centers for Medicare & Medicaid Services’ (CMS) implementation of the reporting requirements of the Medicare Secondary Payer Act (MSP) for liability settlements and the penalties associated with improper lien resolution has created turmoil and delay for many lawyers and their clients trying to reach a settlement in a negligence case.

Today, November 15, 2010, CMS is announcing a one year delay in implementation on the reporting requirements for claims involving liability insurance, retroactive to October 1, 2010 through October 1, 2011. This delay should facilitate settlements and allow for faster resolution of certain cases. In addition, it is hoped that during this period, CMS will suspend the issuance of MSP guidance documents, which have often been contradictory and a source of confusion.

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