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Virginia regulations · Through 2026 Regular Session (effective July 1, 2026)

14VAC5-170-110: Standards for claims payment

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Where this section sits in the code
  1. Title 14. Insurance
  2. Agency 5. State Corporation Commission, Bureau of Insurance
  3. Chapter 170. Rules Governing Minimum Standards for Medicare Supplement Policies

A. An issuer shall comply with § 1882(c)(3) of the Social Security Act (as enacted by § 4081(b)(2)(C) of the Omnibus Budget Reconciliation Act of 1987 (OBRA) 1987, Public Law No. 100-203, 101 Stat. 1330 (December 22, 1991)) by:

1. Accepting a notice from a Medicare carrier on dually assigned claims submitted by participating physicians and suppliers as a claim for benefits in place of any other claim form otherwise required and making a payment determination on the basis of the information contained in that notice;

2. Notifying the participating physician or supplier and the beneficiary of the payment determination;

3. Paying the participating physician or supplier directly;

4. Furnishing, at the time of enrollment, each enrollee with a card listing the policy name, number, and a central mailing address to which notices from a Medicare carrier may be sent;

5. Paying user fees for claim notices that are transmitted electronically or otherwise; and

6. Providing to the Secretary, at least annually, a central mailing address to which all claims may be sent by Medicare carriers.

B. Compliance with the requirements set forth in subsection A above shall be certified on the Medicare supplement insurance experience reporting form.

Collected 2026-09-14T04:51:52Z. Source file · JSON

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