MARC Coalition Applauds Bipartisan Senate Letter to CMS Urging Prompt Implementation of the Strengthening Medicare and Repaying Taxpayers (SMART) Act - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
July 18, 2014 Newswires
Share
Share
Post
Email

MARC Coalition Applauds Bipartisan Senate Letter to CMS Urging Prompt Implementation of the Strengthening Medicare and Repaying Taxpayers (SMART) Act

PR Newswire Association LLC

WASHINGTON, July 18, 2014 /PRNewswire-USNewswire/ -- The Medicare Advocacy Recovery Coalition (MARC) applauds the United States Senate for its bi-partisan letter to the Center for Medicare and Medicaid Services (CMS), urging the Agency to implement promptly the Strengthening Medicare and Repaying Taxpayers (SMART) Act, signed into law on January 10, 2013.  Under the legislation, CMS by October 2013 was to have implemented an electronic "portal" for the exchange of final conditional payment information, and was by July 10, 2014 to have eliminated the use of full Social Security numbers in the MSP Reporting process.  Seven Senators, led by Senator Rob Portman (R-OH), urged the Agency to promptly and swiftly implement the changes required by the law. 

In their letter, the seven Senators noted: "The Medicare Secondary Payer program is an important tool to ensure the ongoing health of the Medicare Trust Fund today and for generations to come. We all share an interest in making sure that the MSP program is efficient, functional, and cost-effective. We urge CMS to adhere to the statutory requirements of the SMART Act and issue the necessary regulatory guidance to enable regulated entities and beneficiaries to comply with the statutory changes and ensure taxpayer dollars are protected." Joining Senator Portman were Senator Richard Burr (R-NC), Senator Sherrod Brown (D-OH), Senator Mary Landrieu (D-LA), Roger Wicker (R-MS), Robert Casey (D-PA), and Roy Blunt (R-MO). 

We are grateful to the Senate for calling upon CMS to implement the law" said Michele Adams, Chair of the MARC Coalition.  "Congress last year adopted sensible fixes to a program that was hurting seniors and short-changing the Medicare Trust Fund.  We appreciate Senator Portman's efforts to draw attention to this important issue, and to urge Medicare to promptly implement the provisions of the law.  "Quick SMART Act implementation will streamline the Medicare process for tens of thousands of Medicare beneficiaries, will restore millions to the Medicare Trust Fund faster, and will ease resolving claims for thousands of companies, large and small, across the country," said Greg McKenna, MARC Vice-chair.  "We thank Senator Portman for his leadership on being a lead sponsor of the bill in the Senate during the last Congress, and on keeping a focus on the issue during implementation over the past eighteen months," he stated.

About MARC: 
The Medicare Advocacy Recovery Coalition (MARC) advocates for the improvement of the Medicare Secondary Payer (MSP) program for beneficiaries and affected companies. The Coalition collaborates and develops strategic alliances with Congressional leaders and government agencies to focus on implementation of MSP reporting and on the broader issue of MSP reform. MARC's membership represents virtually every sector of the MSP regulated community including attorneys, brokers, insureds, insurers, insurance and trade associations, self-insureds and third-party administrators. For more information on MARC, please visit www.marccoalition.com.

MARC Washington DC Office 
1700 Pennsylvania Avenue, N.W. Suite 200
Washington, DC 20006 

SOURCE Medicare Advocacy Recovery Coalition (MARC)

Wordcount:  480

Advisor News

  • NY insurance agent and Ponzi schemer faces 4-12 years in prison
  • Economic pressure makes boomerang living a new normal
  • Millennials ready to bring their advisor to the family table
  • The gap between policy awareness and investor conversations
  • Younger investors turn to ‘finfluencers’
More Advisor News

Annuity News

  • A new opportunity for advisors: Younger indexed annuity buyers
  • Most employers support embedding guaranteed lifetime income options into DC Plans
  • InspereX Partners with AuguStar Retirement for Strategic Expansion into Annuity Market
  • FACC and DOL enter stipulation to dismiss 2020 guidance lawsuit
  • Zinnia’s Zahara policy admin system adds FIA chassis to product library
More Annuity News

Health/Employee Benefits News

  • Cody Allison & Associates, PLLC Receives Nationally Registered Trademark for Law Firm
  • WARNOCK STATEMENT ON NEWS THAT OVER HALF A MILLION GEORGIANS HAVE DROPPED HEALTH CARE COVERAGE
  • Health-related risks can disrupt a client’s retirement
  • Trump’s Medicaid fraud crackdown may sound sensible, but it could harm Americans who require long-term care
  • Cigna seeks dismissal of drug kickback lawsuit filed in Illinois
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Credit Ratings of Old Republic International Corporation’s Subsidiaries
  • Government seeks dismissal of Dean Vagnozzi’s lawsuit against SEC
  • Symetra Promotes Nicholas Mocciolo to Chief Investment Officer of Symetra Financial Corporation
  • NAIFA letter supports change to DOL independent contractor rule guidance
  • Are you truly independent? 5 questions to ask
More Life Insurance News

- Presented By -

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Protectors Vegas Arrives Nov 9th - 11th
1,000+ attendees. 150+ speakers. Join the largest event in life & annuities this November.

A FIA Cap That Stays Locked
CapLock™ from Oceanview locks the cap at issue for 5 or 7 years. No resets. Just clarity.

Aim higher with Ascend annuities
Fixed, fixed-indexed, registered index-linked and advisory annuities to help you go above and beyond

Unlock the Future of Index-Linked Solutions
Join industry leaders shaping next-gen index strategies, distribution, and innovation.

Leveraging Underwriting Innovations
See how Pacific Life’s approach to life insurance underwriting can give you a competitive edge.

Bring a Real FIA Case. Leave Ready to Close.
A practical working session for agents who want a clearer, repeatable sales process.

Press Releases

  • RFP #T01325
  • RFP #T01325
  • RFP #T01825
  • RFP #T01825
  • RFP #T01525
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet