Company News

Stay up to date on the exciting events that happen with Tower MSA and our industry.

Tower is Here to Help

Posted on March 24, 2020 by Tower MSA

I hope you, your family and coworkers are safe and, like all of us, learning to adjust to a new personal and work environment in this worldwide effort to control the spread of coronavirus.  We realize that Medicare Secondary Payer…

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CMS’s Revised Consent to Release Form Becomes Mandatory April 1

Posted on March 18, 2020 by Tower MSA

As of April 1, 2020, submissions of Workers’ Compensation Medicare Set-Asides (WCMSAs) must include CMS’s revised Consent to Release form.  The form indicates that the need and process for the WCMSA have been explained to the injured worker, and that…

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Meloxicam’s Price Drop – Good News for MSAs

Posted on March 16, 2020 by Tower MSA

Our Chief Compliance Officer Dan Anders’ blog post on the huge price drop of Meloxicam prompted a WorkCompCentral article, quoting Dan.  Previously priced at $4.25 per pill for 15 milligrams, it’s now 5 cents per pill.  Over a 20-year life…

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Significant Drop in Meloxicam Price Yields MSA Reductions

Posted on March 11, 2020 by Tower MSA

The price of the non-steroidal anti-inflammatory (NSAID) Meloxicam took a major nosedive from $2.78 per pill to $0.05 per pill for 7.5 mg and $4.25 to $0.05 for 15 mg.  Meloxicam (Brand name: Mobic) is commonly used to treat osteoarthritic…

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Cybersecurity Webinar Garners More Coverage

Posted on March 6, 2020 by Tower MSA

Cybersecurity is a hot topic and a major threat to all businesses and organizations – especially those handling personal health data.  Risk & Insurance’s Courtney DuChene covers the threat in detail, including data from Tower MSA Partners’ cybersecurity webinar and…

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Business Insurance: Insurers could face stiff MSP penalties

Posted on March 3, 2020 by Tower MSA

Business Insurance’s Angela Childers examined CMS’s proposed rules for Section 111 Mandatory Insurer Reporting penalties in this Feb. 26 article.  She quoted Tower’s Chief Compliance Officer Dan Anders on the severity of the possible $1,000 per-day-per-claim penalty for not reporting…

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Cybersecurity Threats & You

Posted on March 3, 2020 by Tower MSA

Many businesses don’t think a data breach will happen to them; small businesses especially assume they’re too small to attack. However, Tower’s Feb. 19 cybersecurity webinar featured a survey that showed that 11% of very small businesses and 44% of…

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