How Plan Sponsors Can Avoid Forfeiting ERRP Monies
20 January 2012 / ERRP / 0 Comment
Has your organization collected ERRP reimbursement prior to October 3rd, 2011? If so, proceed with caution before spending the monies. There are many unsuspecting plan sponsors that have yet to complete the last and most important step of the ERRP program requirements.
In fact, according to the latest HHS report dated December 2, 2011, over 1,000 plan sponsors who received money from ERRP before October 3rd, 2011 have yet to submit a supporting error-free claim list. This list is required by March 30th, 2012. Per the ERRP Common Question H1100-15, “if a Plan Sponsor fails to do so by the deadline, then the reimbursed amount will be determined to be unsubstantiated, and CMS will initiate processes to collect such amount back from the Plan Sponsor.”
Our company, RDS Services, LLC of Troy, Michigan has a program to ensure that this requirement is completed before the deadline.
Given the complexity of this review system, many plan sponsors are struggling to provide an error-free claims list to support their ERRP reimbursement Plan Sponsors who submit a detail claim list to HHS must pass through 5 levels of claim audit before receiving an “approval” to submit a reimbursement request.
RDS Services is, and has been, successfully aggregating and submitting error-free claim lists for our clients through this new automated review system. Our database program will aggregate your vendor(s) data, detect errors, format data to be ERRP ready, and ensure that you submit an error-free claims list and supporting reimbursement prior to the March 30, 2012 deadline.
Please contact me to discuss our services further if you need our assistance.