Medicare Section 111 Process Change Eases One Compliance Burden

Medicare’s annual recertification process and update brings welcome news about Section 111 reporting and Responsible Reporting Entities (RREs). RREs will no longer automatically be moved into “discontinued” status if they fail to provide Medicare the requested annual recertification information. ISO Claims Partners became aware of some modifications in the recertification process and we asked Medicare […]

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FDA request to remove Opana ER may be good news for WCMSAs

The FDA has recently intervened in the escalating fight against opioid abuse. The agency has requested that Opana ER, a long-acting opioid medication, be removed from the market due to the high risk of users crushing the pill to inject it. This manipulation of the medication has not only led to a higher risk of […]

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Smartphone technology facilitating customer collaboration with insurers

Until very recently, documenting home or motor damage or creating a spreadsheet of stolen property had been best left to insurance professionals. Now, our customers can be collaborators who can do some or all of that documentation themselves. The involvement of customers is set to transform the way claims are handled. The ubiquity of smartphones […]

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In uncertain times, look to cut costs

Personal injury claims reform has been put off again, and whether the new government will pursue reform is unclear. When the Prisons and Courts Bill 2016-17 (HC Bill 170) was scrapped, so were fixed tariffs to cap compensation payouts for whiplash injuries. That’s a blow to efforts to eliminate fraudulent and exaggerated claims from the […]

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Now that the discount rate has changed, what’s next?

Insurers are still reeling from the drastic change in the discount rate that went into effect 20 March 2017. The rate is used to adjust lump-sum compensation payments according to the interest that claimants are expected to earn by investing it. Historically, the rate has adjusted settlements down, but poor returns on investments have led […]

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New Jersey proof-of-insurance requirements

New Jersey law requires every driver or operator of a vehicle to have a registration certificate and an insurance identification card on hand at all times. The state issued a Motor Vehicle Advisory on March 21, 2017, indicating that motorists may provide either electronic or paper insurance identification cards as proof of insurance. Cell phones, tablets, […]

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