The PAID Act: Opportunities & Challenges Ahead for Claims Payers
Background on PAID Act & Overview of Sec. 111 Query Process
The Medicare Secondary Payer (MSP) statute was amended in December of 2020 with the passage of the Provide Accurate Information Directly (PAID) Act. See 42 USC 1395y(b)(8)(G). The PAID Act’s provisions, once fully implemented, will require the Centers for Medicare & Medicaid Services (CMS) to provide, if applicable, insurance carriers and self-insureds specified Medicare Part C & D information through the Sec. 111 ...
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