Takeaways From Avandia For Medicare Advantage Plans
July 30, 2012, 1:39 PM EDT
Law360, New York (July 30, 2012, 1:39 PM EDT) -- A recent decision by the Third Circuit Court of Appeals (Avandia) held that Medicare Advantage organizations (MAOs) have a statutory right of recovery for payments they make to medical providers on behalf of MAO enrollees under the Medicare Secondary Payer Act (MSP). Under the MSP, MAOs can also seek the double damages penalty available to the Centers for Medicare and Medicaid Services.
The Avandia case was brought by Humana to recover expenses incurred on behalf of patients suffering from the side effects of Avandia, a drug...
Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.