Biling:
2 Ways the New Healthcare Law Affects Medicare Pay
Published on Fri Mar 26, 2010
Hint: Timely filing rules will change, giving you less time to submit your claims going forward. The president recently signed the Patient Protection and Affordable Care Act (PPACA) into law amidst much fanfare. Although most of the law's 2,390 pages were not specifically related to Medicare, some of the bill does pertain to Part B. Read on to find out two facts about the law that may apply to your practice. 1. You now have 1 year to submit claims. In the past, Part B providers had 15 months or more to submit their claims to Medicare, but section 6404 of the new legislation requires you to submit your claims "one calendar year after the date of service" for services provided on or after Jan. 1, 2010. Analysis: "Medicare has a very good electronic filing system, and therefore, most practices don't have big problems with old claims unless they have [...]