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Feds push back deadline for reporting payments to Medicare beneficiaries

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in Discrimination and Harassment,Employee Benefits Program,Employment Law,Human Resources,Small Business Tax,Small Business Tax Deduction Strategies

The federal government’s Centers for Medicare and Medicaid Services (CMS) has postponed implementation of new regs that would have required employers to report any medical benefits payments to employees who are eligible for Medicare.

The requirement now won’t take effect until the first quarter of 2011. It had been scheduled to start Jan. 1 of this year. The delay gives employers time to become familiar with the regulation, which is available online at www.Section111.cms.hhs.gov.

At the beginning of next year, employers will have to report any medical benefits payments made to Medicare-eligible employees after Oct. 1, 2010.

Despite the pushed-back compliance deadline, it’s still important for employers to understand the regulation, according to H. Bernard Tisdale, an attorney with the employment law firm Ogletree Deakins.

It applies to organizations that are self-insured or pay deductibles on Employment Practices Liabi...(register to read more)

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