tci Medicare Compliance & Reimbursement - 2005 Issue 9

LEGISLATION: Say Goodbye to FIs, And Hello To MACs

Congress inspects blueprints for new claims payment contractorsThe days of doing business with fiscal intermediaries (FIs) and carriers are numbered. What's next: the transformation of plain old fee-for-service into a "premier health plan," according to the Centers for Medicare & Medicaid Services.Initial plans issued to Congress Feb. 7 would allow private contractors to begin bidding for the job of Medicare Administrative Contractor (MAC) as soon as March 2005. Current carriers and FIs would be officially closed out between 2007 and 2008.Under the plan, Part A and Part B would be integrated into one, allowing a "single...

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