It is no secret that the U.S. Department of Treasury collection actions regarding Medicare conditional payment claims are on the rise. In fact, a recent CMS report found that Treasury collections jumped from $55 million in 2020 to $82 million in 2021, a 47% increase. In the big picture, notice of a Treasury claim – or worse yet a Treasury offset – very often signals that something went wrong as part of the claims handling process.
With Treasury claims increasing – there are real dollars at risk and real liability. It is critical that insurers understand the challenges and build compliance strategies to reduce risk.
This session breaks down what you need to know about Treasury claims and outlines steps to help you avoid Treasury actions in the first place.
Who Should Watch:
Risk managers; Self-insureds; TPAs; Defense attorneys; General counsel; In-house counsel; Claims managers and executives
Presentation Date:
Monday, March 13, 2023
Speakers:
Mark Popolizio, J.D.
VP, MSP Compliance
Casualty Solutions, Verisk
Shawn Johnson, J.D.
Legal Director
Casualty Solutions, Verisk
