CMS will penalize Healthcare.gov insurers that don't use new system properly

Insurers that offer plans on Healthcare.gov could risk losing out on payments if they fail to properly submit policy reports via a new, automated intake system, warns a notice from the Centers for Medicare & Medicaid Services.

"Issuers that are not deemed ready for implementation in January 2016 will be paid under a partial payment withholding schedule based on the issuer's manual payment process submissions," the notice says.

But once an issuer successfully implements the automated "policy-based payment" process, it "will have each month's partial payment adjusted to reflect the full policy-based payment calculation for that month," according to CMS. Notice

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