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New mandatory Medicare reporting requirements

At our recent regional member and broker meeting in Seattle, there was an important discussion about an issue requiring the immediate attention of many member companies – the mandatory Medicare reporting requirements on liability insurance (including self-insurance), workers' compensation and no-fault insurance, each individually referred to as a Responsible Reporting Entity ("RRE"). Failure to comply with these reporting requirements can result in a civil penalty of $1,000 per day per claim.

To learn more, including how you must register as an RRE, please refer to the two recent AEGIS Claims Alerts on our website. We also hope to devote some time to this topic at the AEGIS Policyholders' Conference.