What does Responsible Reporting Entity mean? Read on to discover the definition & meaning of the term Responsible Reporting Entity - to help you better understand the language used in insurance policies.
Responsible Reporting Entity
The party that is responsible for funding a claim payment to an individual eligible for Medicare benefits is considered the Responsible Reporting Entity (RRE) under the provisions of the Medicare, Medicaid, and SCHIP Extension Act (MMSEA) of 2007. The RRE must register with the Centers for Medicare and Medicaid Services (CMS) and report electronically all claims and claim payments related to any workers compensation, general liability, or automobile no-fault claim where the claimant is also entitled to Medicare benefits.
We hope the you have a better understanding of the meaning of Responsible Reporting Entity.