Understanding the Different Types of Medicare Secondary Payers (MSP)
What is a MSP? MSP stands for Medicare Secondary Payer and describes when another payer is responsible for paying a beneficiary’s claims before Medicare kicks in. The first payer is determined by the patient’s coverage. Different conditions determine if Medicare will be the primary, secondary, or tertiary payer. Before submitting an MSP claim to Medicare, some information from the primary payer’s remittance advice should be included in the claim. This consists of the following: There…
