Compliance

9/6/2019 - 4 min read

Data literacy is everyone’s responsibility

Data literacy has become one of the most valuable skill sets for today’s innovative employee.

8/26/2019 - 2 min read

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.

7/1/2019 - 4 min read

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.

6/27/2019 - 4 min read

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.

6/14/2019 - 6 min read

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 avoiding fines.

6/11/2019 - 4 min read

Data-driven insurers make better innovators

In the fast-paced and highly competitive insurance marketplace, innovation is vital to an insurer's success.

Campaign Creators Pypeceajezy Unsplash 1

5/31/2019 - 4 min read

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.

5/16/2019 - 8 min read

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.

5/3/2019 - 4 min read

ADA Web Suits Nearly Tripled Last Year

4/24/2019 - 7 min read

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

3/21/2019 - 4 min read

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 on behalf of a firm client.

7/16/2018 - 4 min read

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 compliance. Organizations might also consider asking: Can insurance help my U.S. business avoid the risks associated with this new regulation?

6/8/2018 - 8 min read

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 “double damages” may apply.

5/23/2018 - 4 min read

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.

5/3/2018 - 4 min read

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.