Business Insurance: New law clears air on Medicare reimbursements for comp insurers
Posted on December 29, 2020 by Daniel Anders
Business Insurance’s Louise Esola wrote a nice piece, quoting Tower’s Chief Compliance Officer, Dan Anders, explaining how a new law will make it easier for workers’ compensation and liability insurers to determine if Medicare eligible claimants are or were members…
Tower MSA Partners Wishes You a Warm & Restful Holiday Season
Posted on December 22, 2020 by Tower MSA Partners
This year has brought deeper meaning to traditional holiday wishes. We are thinking about our health, families, and partners in different ways and re-thinking priorities. But as we adapt to new realities, our commitment to you–our partners–is unwavering. Thank you…
Tower MSA Partners Names Melissa Galea Director of Operations
Posted on December 21, 2020 by Tower MSA Partners
Melissa Galea has joined Tower MSA Partners as Director of Operations. Her responsibilities encompass measuring, managing and driving Tower’s Medicare Secondary Payer operational business model and results. Galea brings 20 years of operations management experience to the position. Most recently,…
Posted on December 16, 2020 by Daniel Anders
Insurance carriers to have access to Medicare Advantage plan enrollment information On December 11, 2020, President Trump signed into law HR 8900, Further Continuing Appropriations Act, 2021, which included the provisions of the Provide Accurate Information Directly Act or PAID Act…
Celebrex and Abilify Price Drops Trigger MSA Reductions
Posted on December 14, 2020 by Daniel Anders
Recently, the lowest average wholesale price of Celebrex 200mg and the price of multiple strengths of Abilify dropped dramatically resulting in major cost savings to Medicare Set-Aside allocations. A widely used, non-steroidal anti-inflammatory drug, Celebrex (Celecoxib), is FDA-approved for several conditions: Ankylosing spondylitis Juvenile rheumatoid…
$750 Medicare Conditional Payment Recovery Threshold Remains for 2021
Posted on December 1, 2020 by Daniel Anders
In an 11/25/2020 Alert, the Centers for Medicare and Medicaid Services (CMS) announced that the 2021 recovery threshold for liability, no-fault and workers’ compensation settlements will remain at $750. Accordingly, Total Payment Obligations to the Claimant, TPOCs, in the amount of…
Search our blog:
Contact Us for a FREE Consultation