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Friday, January 29, 2010

Reporting Workers' Compensation Claims to Medicare:

New Requirements for Self Insured Employers

Because Medicare does not want to absorb costs of treating work injuries, new regulations require self insured employers to register with Medicare and report any workers' compensation claims in which Medicare could end up paying for treatment. Failure to report these claims may result in staggering fines. Furthermore, self insured employers must submit claim settlements for Medicare approval to ensure that enough settlement money is set aside for future healthcare costs. Again, Medicare does not want to provide healthcare for conditions caused by a work injury...

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