If the thought of opting out of Medicare piques your interest, you might be in need of a quick opt-out primer. Fortunately, CMS provided one this week when the agency revised MLN Matters article SE 1311, which carefully outlines the requirements of practitioners who opt out of the program.
What it means: When you opt out of Medicare, “neither the physician nor the beneficiary submits the bill to Medicare for services rendered,” CMS says in the article. “Instead, the beneficiary pays the physician out-of-pocket and neither party is reimbursed by Medicare.”
The physician signs a...
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