Monday, December 12, 2011

How to Opt Out of Medicare and Cancel Your Medicare Coverage Benefits

If you have decided to opt out of Medicare, please follow the steps below:

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1. Due to the fact that you will have some patients who will not understand the contractual relationship, you will want to keep strict documentation of all of these steps to prove it later if you are asked.

NURSE JACKIE

2. You must tell all your patients and medical colleagues what of your intentions. The best way to handle this would be to sent a letter to all of your patients explaining what opting out means and why you are choosing to opt out. In addition, you may want to let them know if they need to seek care elsewhere or if there is another way to get care through your establishment.

3. Next, you will need to file an affidavit with the Medicare offices in order to notify them of your intentions in a legal fashion. The affidavit should be filed with all Medicare carriers with jurisdiction over the claims that have been filed. The actually affidavit must be written, signed using your full name, address, phone number as well as your uniform provider I.D. number (or if you don't have one, your tax I.D. number. Your affidavit must comply with your state's requirement. The affidavit must be sent 30 days before the first day of your calender quarter.

4. You must then contract your Medicare patients privately with an approved contract that complies with your state requirements. You must sign all the contracts.

5. Once you have executed for affidavit you must then create office procedures that comply with the the opt out rules. Make sure you implement procedures that identify the Medicare status of all of your patients so that you can handle their service appropriately.

6. Finally, be sure to mark your calender, as you will need to renew your opt out status every two years. If you don't renew the affidavit you will be entering back into contracts with patients without Medicare's knowledge. This could lead to trouble in the future. The bottom line is to make sure you keep your status as current as possible so not to create confusion.

How to Opt Out of Medicare and Cancel Your Medicare Coverage Benefits

NURSE JACKIE

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