PMSI Says New Set-Aside Law Exposes Insurers to Penalties

PMSI MSA Services said Tuesday that through new legislation, Congress has reinforced the need to consider Medicare in all bodily injury liability cases.President Bush signed into law the Medicare, Medicaid and SCHIP Extension Act of 2007 on Dec. 29. Section 111 (f) of the bill stipulates that bodily injury liability, no-fault, and workers' compensation insurance claims in which Medicare is the secondary payer must be reported to the Secretary of Health and Human Services, PMSI said.The Medicare Secondary Payer Act requires that Medicare's interests be taken into considera...