PACE CLAIMS

Current User?

INTELLIGENT CLAIMS MANAGEMENT

Section 111 Penalty Proposal

There has been a lot of talk regarding Section 111 Civil Money Penalties and now the proposal is finally here. We have summarized the key points below and attached a brief document with links to easily analyze and determine what they mean to you as a Responsible Reporting Entity (RRE).

Civil Money Penalties (CMP) will be imposed in the following instances:

– Failure to report or delayed reporting

– Reporting inconsistent data

– Error tolerance threshold is exceeded

Civil Money Penalties (CMP) will not be imposed if:

– The RRE complies with reporting thresholds or exceptions

– Does not exceed error tolerance thresholds

– Makes a good faith effort to submit on time

Game plan would be:

– Making sure clean data is provided in a timely fashion

This document is PROPRIETARY/CONFIDENTIAL and ONLY available to PACE Claim Services LLC, clients, employees and contractors for business purposes. Third party distribution without permission is prohibited

Upcoming scheduled Maintenance

This website will be unavailable due to scheduled maintenance from 10:00 p.m. Friday 02/22 through 10:00 p.m. Sunday 02/24. Thank you for your understanding.