YORK) December 20, 2012 – RIMS, the Risk Management Society™, External Affairs Committee Board
Liaison Daniel H. Kugler today commended the United States House of
Representatives for their work to pass the SMART Act. Approved by a vote of 401-3, the bipartisan
legislation streamlines the reporting process for insurers, self-insurers and
nongroup health insurers, who are secondary payers, where there is a settlement
with a Medicare beneficiary.
“With so few days remaining
in Congress before the end of the year, it was a major victory for the risk and
insurance industry to see this important piece of legislation approved by the
House,” said Mr. Kugler. “We encourage
the Senate to follow stride and pass this crucial bill that would allow secondary
payers who are settling claims to more efficiently repay the Medicare Trust
Fund and avoid potentially high fines.”
SMART Act was attached to HR 1845 which provides Medicare coverage for the
in-home administration of intravenous immune globulin. The bill now moves to the Senate for review.
The entire bill can be read here: http://tinyurl.com/c4bsumo.