Major Updates to the Current Medical Claim Form Are Upon Us
The Centers for Medicare and Medicaid Services (CMS) along with the Office of Management and Budget (OMB) have given final approval for the Version 02/12 1500 Health Insurance Claim Form and the implementation date of April 1, 2014 is fast approaching. Failure to use these new forms can result in significant delays in processing medical payments as well as a possible rejection of certain claims.