PYMNTS.com November 1, 2024
Two federal agencies warned healthcare providers, Medicare Advantage plans and debt collectors not to improperly bill Qualified Medicare Beneficiary recipients (QMBs), who generally cannot be billed for cost-sharing by healthcare providers who accept Medicare.
The Consumer Financial Protection Bureau (CFPB) and the Centers for Medicare & Medicaid Services (CMS) said in a Friday (Nov. 1) press release that their joint statement will protect millions of QMBs who are living at or below the poverty line.
“The CFPB and CMS are working to ensure that Medicare beneficiaries are not subjected to illegal debt collection on improper medical bills,” CFPB Director Rohit Chopra said in the release.
CMS Administrator Chiquita Brooks-LaSure said in the release: “This guidance is part of our ongoing...