Company News

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CMP Comments Submitted

Posted on April 27, 2020 by Tower MSA

On April 20, 2020, Tower MSA Partners responded to CMS’s request for comments on its proposed regulation for Section 111 Mandatory Insurer Reporting civil money penalties (CMPs).  Please see Tower’s Feb. 18 post on CMS’s proposal. Tower’s comments mirrored those…

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Tower Premier Webinar: A Prescription for Settling Legacy Claims

Posted on April 20, 2020 by Tower MSA

As claims age, the percentage of spend for prescription drugs increases.  Further, as claims age, the likelihood that the injured worker becomes a Medicare beneficiary as a result of age or disability increases.  The result, high prescription drug costs allocated…

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Tower is Here for You

Posted on April 14, 2020 by Tower MSA

While the COVID-19 pandemic represents a new challenge, as a company that has faced its share of hurricanes, we made a seamless transition to working remotely while continuing to serve our partner clients. As our CEO, Rita Wilson recently related,…

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The Penalties are Coming

Posted on April 6, 2020 by Tower MSA

The Penalties Are Coming With COVID-19, it’s understandable if Civil Monetary Penalties (CMPs) have slipped your mind.  CMS has proposed stiff penalties—up to $1,000 per day per claimant—for incorrect MSP reporting or failure to report. (Our Chief Compliance Officer Dan…

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