Washington, DC – The Property Casualty Insurers Association (PCI) recently applauded the House of Representatives for passing H.R. 1845, The Medicare IVIG Access Act, which includes provisions of H.R. 1063, The Strengthening Medicare and Repaying Taxpayers (SMART) Act and provides several improvements in the efficiency of the Medicare Secondary Payer (MSP) system.
“PCI has been working on this important legislation for four years and we are pleased to see the bill pass the House. This is a significant step to improve the efficiency of the Medicare Secondary Payer system,” said Tom Litjen, PCI’s vice president of federal government relations. “The SMART Act will help Medicare beneficiaries, taxpayers, and insurers by cutting costs and settling claims sooner. We strongly urge the Senate to schedule and pass this bipartisan legislation and applaud the leadership of the MARC coalition on this critical issue.”
The SMART Act was introduced in the House earlier this year by Representatives Tim Murphy (R-PA) and Ron Kind (D-WI) to improve the efficiency of the Medicare Secondary Payer (MSP) system. The legislation requires the Centers for Medicare and Medicaid Services to streamline its process, eliminating the costly delays in settling claims and providing funds to the beneficiaries sooner.
PCI is an active participant in the Medicare Advocacy Recovery Coalition (MARC). The coalition was formed in September of 2008 to promote improvements to the MSP program. MARC’s membership represents a wide variety of MSP stakeholders, including businesses, insurers, and third-party administrators. PCI represents the nations’ home, auto, and business insurance sector in the coalition.