On November 9, 2010, The Centers for Medicare and Medicaid Services (CMS) issued a revised timeline concerning the reporting of settlements, judgments, awards and other payments for some entities. The one-year delay in reporting primarily pertains to liability insurers and self-insurers, with some exceptions. The delay does not affect the reporting requirements for workers’ compensation insurers and no-fault insurers. CMS also indicated that the interim dollar reporting thresholds set forth in the User Guide published by CMS have been extended by one calendar year. For your convenience, a copy of the Alert is attached. You may also visit the CMS website for additional information http://www.cms.gov/MandatoryInsRep/.

If you wish to discuss the Alert, please contact a Swift, Currie, McGhee & Hiers, LLP, attorney at 404.874.8800 or via our website, www.swiftcurrie.com.

The foregoing is not intended to be a comprehensive analysis of the full effect of these changes. Nothing in this notice should be construed as legal advice. This document is intended only to notify our clients and other interested parties about important recent developments. Every effort has been made to ascertain the accuracy of the information contained within this notice.