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Virginia Administrative Code (Last Updated: January 10, 2017) |
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Title 14. Insurance |
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Agency 5. State Corporation Commission, Bureau of Insurance |
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Chapter 170. Rules Governing Minimum Standards for Medicare Supplement Policies |
Section 110. Standards for claims payment
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A. An issuer shall comply with § 1882(c)(3) of the Social Security Act (as enacted by § 4081(b)(2)(C) of the Omnibus Budget Reconciliation Act of 1987 (OBRA) 1987, Public Law No. 100-203, 101 Stat. 1330 (December 22, 1991)) by:
1. Accepting a notice from a Medicare carrier on dually assigned claims submitted by participating physicians and suppliers as a claim for benefits in place of any other claim form otherwise required and making a payment determination on the basis of the information contained in that notice;
2. Notifying the participating physician or supplier and the beneficiary of the payment determination;
3. Paying the participating physician or supplier directly;
4. Furnishing, at the time of enrollment, each enrollee with a card listing the policy name, number, and a central mailing address to which notices from a Medicare carrier may be sent;
5. Paying user fees for claim notices that are transmitted electronically or otherwise; and
6. Providing to the Secretary, at least annually, a central mailing address to which all claims may be sent by Medicare carriers.
B. Compliance with the requirements set forth in subsection A above shall be certified on the Medicare supplement insurance experience reporting form.
Historical Notes
Derived from Regulation 35, Case No. INS920112, § 12, eff. July 30, 1992; amended, Volume 15, Issue 15, eff. April 26, 1999.