On December 17, 2012 CMS announced they will be updating the life tables that allocators use when calculating life expectancy in WCMSAs. The impact will be an overall increase in life expectancy, although minimally, which will result in slightly higher costs in some situations. It is important to know that if a file has a pending WCMSA timely submission is necessary to prevent unnecessary rejections and possible delays.
New Update from CMS:
December 17, 2012
The Centers for Disease Control (CDC) has published its 2008 United States Life Tables. Effective January 19, 2013, the Centers for Medicare & Medicaid Services (CMS) will begin referencing the CDC’s Table 1: Life table for the total population: United States, 2008, for WCMSA life expectancy calculations. This means that for any newly submitted WCMSA proposal received by CMS’ Coordination of Benefits Contractor (COBC), uploaded via the Web portal, or where any WCMSA case is reopened on or after January 19, 2013, CMS will apply the CDC’s 2008 Table 1 for life expectancy calculations. As a courtesy, a link to the CDC’s United States Life Tables 2008 will be provided, at a later date, in the related links section outside of CMS section of this page.
CMS Announces Change in Rated Age Table – WCMSA Submitted after January 19, 2013 Revision Needed
December 19, 2012