Centers for Medicare & Medicaid Services Issue Final Rule Regarding Civil Money Penalties for Failing to Timely Report Personal Injury Settlements Involving Medicare Beneficiaries

The Centers for Medicare & Medicaid Services (CMS) has issued its Final Rule on civil money penalties for failing to report personal injury settlements for Medicare beneficiaries. This regulation outlines penalties for noncompliance and emphasizes timely reporting, expanding the definitions of good faith efforts to clarify the reporting process. Learn how these rules may impact your organization’s compliance with Medicare Secondary Payer requirements.

CMS Issues Long-Awaited Final Rule Imposing Civil Money Penalties for Failing to Properly Report Pursuant to Medicare Secondary Payer Obligations

CMS has issued a Final Rule clarifying when civil money penalties may be imposed for failure to comply with Medicare Secondary Payer reporting obligations under the MMSEA. Published on October 11, 2023, the Rule takes effect December 11, 2023, with enforcement beginning October 10, 2024. Further analysis of its implications will follow.