Evaluating Your Medicare Options Recording

 NEW: On Dec. 22, 2011, CMS announced that it would extend the enrollment period -- for this year only -- through Tuesday, Feb. 14, 2012. "The effective date for any participation status change during the extension, however, remains Sun., Jan. 1, 2012, and will be in force for the entire year," the CMS announcement stated.  

 Physicians have three options:

 1. Sign a participation (PAR) agreement and accept Medicare's allowed charge as payment in full for all Medicare covered services for their Medicare patients.

 2. Elect nonparticipation (non-PAR), which permits physicians to make assignment decisions on a case-by-case basis and to bill patients up to the Medicare limiting charge for unassigned claims.

 3. Opt-out and become a private contracting physician, agreeing to bill patients directly and forego any payments from Medicare to their patients or themselves. To become a private contractor, PAR physicians must give 30 days notice before the first day of the quarter the contract takes effect. For non-PAR physicians, the opt-out effective date is the date the affidavit is signed, provided the affidavit is filed within 10 days after the physician signs his or her first private contract with a Medicare beneficiary.

 I want to change my Medicare participation status. When during the year can I do that and how much advance notice do I need to give?

Evaluating Your Medicare Options webinar, recorded on Oct. 11, 2010.  

Windows Media Player  is required to play this program.

[ektdesignns_placeholder_ID0EP]

 

Resources

Participating and Non-Participating Providers Web Resources

AMA Participation Kit

CMS: Medicare enrollment information brochure

CMS: Medicare Participating Physician or Supplier Agreement

TrailBlazer: Provider Enrollment

TrailBlazer: Medicare Participating Physician Directory

TrailBlazer: Medicare Fee Schedule

TrailBlazer: Part B Participating Versus Non-Participating Providers Quick Reference

Opt-Out Physician Web Resources

TrailBlazer: Medicare Opt-Out Guidelines for Physicians/Practitioners

TrailBlazer: Medicare Opt-Out Affidavit

TrailBlazer: Medicare Opt-Out Physician/Practitioner List

 


Comment on this (Must be logged in to comment)

Add Comment

Text Only 2000 character limit

Looking for more?