CMS Will Use the New 2012 CDC Life Table for WCMSAs

On March 8, 2017, the Centers for Medicare and Medicaid Services (CMS) announced that beginning April 1, 2017, it will use the new 2012 CDC Life Table to calculate life expectancies in Workers’ Compensation Medicare Set-Asides (WCMSAs). The table correlates a person’s age with anticipated life expectancy, so CMS uses it to determine the appropriate […]

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SPARC Act Reintroduced in Congress

On February 16, Congressman Tim Murphy (R-PA) reintroduced H.R. 1122, the Secondary Payer Advancement, Rationalization, and Clarification Act, or SPARC Act. Originally filed last September, the bipartisan bill never moved out of committee. The SPARC Act, covered in an earlier post, seeks to ensure that Medicare Part D (which is available for prescription drug coverage) […]

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2017 Medicare Watch List

As the first quarter of 2017 comes to an end, it’s clear there will be no shortage of Medicare Secondary Payer (MSP) developments to keep an eye on this year. Here’s an outline of a few MSP events to watch in 2017: WCRC bid: Last year, the Centers for Medicare & Medicaid Services (CMS) opened […]

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Liability MSAs: What We Know and What to Expect

The dust is still swirling around the Liability Medicare Set-Aside (LMSA) issue, but a few areas clearly show Medicare’s plan and intended next steps. First, Medicare appears to have stopped or paused the official rulemaking process for LMSAs. Second, Medicare is still pursing the LMSA issue through other avenues—namely the expansion of the Workers’ Compensation […]

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Forging a new EnergyPath in the UK

Over the next decade, the United Kingdom must deliver on its national energy and climate change targets. The Energy Technologies Institute (ETI), a £400 million industry and government-funded partnership into low-carbon energy, was formed to address strategic energy system planning and technology development. The Energy Systems Catapult is delivering phase one of the Smart Systems […]

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The Future of Telematics Will Strongly Shape the Future of Insurance

In a recent interview with Claims Journal, Dawn Mortimer, Verisk’s assistant vice president of IoT/Telematics Claims Product Management, discussed the trends and impact of telematics on the insurance industry. And, while many know telematics data can be used to price insurance and prompt driver behavior change, the Internet of Things (IoT) also presents opportunities beyond […]

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