Compliance
Data literacy is everyone’s responsibility
Data literacy has become one of the most valuable skill sets for today’s innovative employee.
Report highlights benefits of ISO Electronic Rating Content
Recent research conducted by Celent shows insurers that use Verisk’s ISO Electronic Rating Content are more likely to be current and spend less time processing changes.
ALIR: Maximizing the basics could bring unexpected benefits
Auto liability insurance reporting (ALIR) requirements help regulators in many states to match coverage to vehicles, but they’re a heavy burden on insurers.
Think about your thresholds: Preventing errors to avoid CMS penalties
One way responsible reporting entities can attempt to achieve full CMS compliance and avoid potential penalties is to closely consider file thresholds.
Avoiding penalty problems by ensuring data accuracy
With CMS (Centers for Medicare and Medicaid Services) penalties on the horizon, we’ve been exploring how RREs (Responsible Reporting Entities) can be proactive in…
Data-driven insurers make better innovators
In the fast-paced and highly competitive insurance marketplace, innovation is vital to an insurer's success.
To avoid CMS penalty exposure time is of the essence
The timely reporting of ORM and TPOC data to CMS is of key importance to insurers, especially now enforcement of noncompliance penalties is on the horizon.
Reality check: Debunking the myths of Medicare Secondary Payer compliance
MSP is a challenging area of compliance for which federal law, regulations, and policy don’t always provide clear answers. It’s vital to understand fact vs fiction.
ADA Web Suits Nearly Tripled Last Year
The number of website accessibility lawsuits alleging failure to comply with the federal Americans with Disabilities Act (ADA) nearly tripled in 2018, to at least 2,258.
Longshore Act - Medicare alert: Court rules that claimant’s action for “double damages” was premature
Claims payers pursuant to the Longshore Act need to stay vigilant for potential double damages actions under the MSP statute’s private cause of action provision
Maryland law firm reaches $250,000 settlement with U.S. Department of Justice to reimburse Medicare conditional payments
A Maryland personal injury law firm settled for $250,000 with the U.S. to resolve allegations it failed to reimburse certain Medicare payments made to medical providers…
Can insurance mitigate GDPR-related risk?
In the wake of the implementation of the European Union’s General Data Protection Regulation (GDPR), businesses worldwide are developing policies and processes to address…
Court denies “double damages” under the MSP’s private cause of action
Currently, there are two questions being litigated that involve who can sue under the Medicare Secondary Payer’s (MSP) private cause of action (PCA) provision and when…
Online verification helps Alabama identify uninsured drivers
Alabama is seeing results from an initiative to reduce uninsured drivers through its electronic DMV automobile liability program.
Ethics and data: Value in mature governance
Data can have many positive applications, but there can also be many risks with increased data dependency. Responsible data stewardship is critical.