Posted on March 24, 2020 by Tower MSA Partners
I hope you, your family and coworkers are safe and, like all of us, learning to adjust to a new personal and work environment in this worldwide effort to control the spread of coronavirus. We realize that Medicare Secondary Payer…
CMS’s Revised Consent to Release Form Becomes Mandatory April 1
Posted on March 18, 2020 by Tower MSA Partners
As of April 1, 2020, submissions of Workers’ Compensation Medicare Set-Asides (WCMSAs) must include CMS’s revised Consent to Release form. The form indicates that the need and process for the WCMSA have been explained to the injured worker, and that…
Meloxicam’s Price Drop – Good News for MSAs
Posted on March 16, 2020 by Tower MSA Partners
Our Chief Compliance Officer Dan Anders’ blog post on the huge price drop of Meloxicam prompted a WorkCompCentral article, quoting Dan. Previously priced at $4.25 per pill for 15 milligrams, it’s now 5 cents per pill. Over a 20-year life…
Significant Drop in Meloxicam Price Yields MSA Reductions
Posted on March 11, 2020 by Tower MSA Partners
The price of the non-steroidal anti-inflammatory (NSAID) Meloxicam took a major nosedive from $2.78 per pill to $0.05 per pill for 7.5 mg and $4.25 to $0.05 for 15 mg. Meloxicam (Brand name: Mobic) is commonly used to treat osteoarthritic…
Tower’s Dan Anders Comments on NY Ban on Hold-Harmless Clauses in Settlement Agreements
Posted on March 6, 2020 by Tower MSA Partners
New York Workers’ Compensation Board recently issued a bulletin indicating it will not approve settlements requiring injured workers to indemnify or hold insurers harmless if Medicare demands future reimbursements. Tower’s Chief Compliance Officer Dan Anders said the board may be…
Cybersecurity Webinar Garners More Coverage
Posted on March 6, 2020 by Tower MSA Partners
Cybersecurity is a hot topic and a major threat to all businesses and organizations – especially those handling personal health data. Risk & Insurance’s Courtney DuChene covers the threat in detail, including data from Tower MSA Partners’ cybersecurity webinar and…
Business Insurance: Insurers could face stiff MSP penalties
Posted on March 3, 2020 by Tower MSA Partners
Business Insurance’s Angela Childers examined CMS’s proposed rules for Section 111 Mandatory Insurer Reporting penalties in this Feb. 26 article. She quoted Tower’s Chief Compliance Officer Dan Anders on the severity of the possible $1,000 per-day-per-claim penalty for not reporting…
Posted on March 3, 2020 by Tower MSA Partners
Many businesses don’t think a data breach will happen to them; small businesses especially assume they’re too small to attack. However, Tower’s Feb. 19 cybersecurity webinar featured a survey that showed that 11% of very small businesses and 44% of…
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