Did You Know: Updated CMS Guide Holds Potential Effects for Employers, Claimants in Workman’s Comp Settlements

Did You Know: Updated CMS Guide Holds Potential Effects for Employers, Claimants in Workman’s Comp Settlements

Earlier this year, we covered the updated rules by the Center for Medicare and Medicaid Services that set consequences for non-CMS approved workers' compensation settlements. Employers, claimants, and their attorneys should be aware of these changes. A CMS contractor review remains voluntary, but employers and insurers who do not submit proposed settlements run the risk of a future lawsuit if they do not set aside enough funds to cover the cost of the claimant’s care. Find the updated CMS guide here and read more about the effects of this CMS update on employers and claimants.