Company News

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

MSA Physician Follow-up Service Saves Over $200,000

Posted on June 17, 2021 by Tower MSA Partners

Tower’s free Physician Follow-up service is one of our most effective tools for reducing your MSA costs. This case history offers a deeper dive on how we use this tool. Physicians often need to try different medications as they search for…

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CMS: PAID Act Implementation Guidance & New ORM Termination Option

Posted on June 11, 2021 by Daniel Anders

The Centers for Medicare and Medicaid Services (CMS) has issued guidance for the implementation of the PAID Act.  The agency also announced criteria for an additional option for the termination of Ongoing Responsibility for Medicals (ORM) in the Section 111…

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PREMIER WEBINAR: Learn How to Take MSA Legacy Claims to Settlement

Posted on May 27, 2021 by Tower MSA Partners

Trying to bring more of your legacy claims to settlement?  This could be the most valuable webinar you’ll ever attend! Do you have aging claims that continue to draw down on indemnity and medical reserves?  Perhaps there is no ongoing medical,…

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CMS to Host PAID Act Webinar

Posted on May 25, 2021 by Daniel Anders

On Wednesday, June 23 at 1 p.m. ET the Centers for Medicare and Medicaid Services (CMS) will be hosting a webinar on the implementation of the Provide Accurate Information Directly (PAID) Act.  Per the notice: CMS will be hosting a…

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Paying Tribute to Dedicated Professionals During Nurses’ Month

Posted on May 14, 2021 by Tower MSA Partners

According to the American Nurses Association (ANA), May is Nurses Month, dedicated to honor, thank, and support nurses and all those in the nursing profession. They’ve designated the 2021 theme as “Nurses Make a Difference.” Plus, ANA joins the World…

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Dan Anders in WorkCompWire: Avoiding Section 111 Reporting Penalties

Posted on May 11, 2021 by Tower MSA Partners

With a name like “Mandatory Insurer Reporting” and potential reporting penalties of up to $1,000 per day per injured worker, one would think payers would take Section 111 reporting pretty seriously. But since these penalties have never been enforced, avoidance…

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Updated CMS Policy Changes Medicare Set-Aside Seed Calculation

Posted on April 29, 2021 by Tower MSA Partners

On April 19, 2021, the Centers for Medicare and Medicaid Services (CMS) released an updated Workers’ Compensation Medicare Set-Aside (WCMSA) Reference Guide, Version 3.3, which made a slight but notable addition to how the MSA seed amount is calculated.  Specifically,…

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Tower MSA Partners Completes SOC 2 Type II Audit

Posted on April 28, 2021 by Tower MSA Partners

In our unwavering commitment to data privacy and security, Tower MSA Partners has completed its SOC 2 Type II audit. The SOC 2 Type II audit reports on a service organization’s non-financial reporting controls and processes as they relate to…

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CMS Updates Section 111 Model Language Form

Posted on April 26, 2021 by Tower MSA Partners

Recently, the Centers for Medicare and Medicaid Services (CMS) issued an updated Section 111 Model Language form used by Responsible Reporting Entities (RREs) to collect the Medicare Beneficiary Identifier (MBI) and/or a Social Security Number (SSN) from claimants.  The SSN…

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