2008 Assessment Rating - 20%
New Assessment Payment Option Available
Mcare is pleased to announce it will accept assessment payments through an electronic funds transfer (EFT) payment process, effective immediately. The EFT may be an ACH or wire transfer. The EFT process provides primary insurers with alternative payment methods, in addition to paper checks. We strongly recommend the use of EFTs when payments are made.
To learn more about this new payment option and the minimum standards, please send an email to Mcare’s Fiscal Unit at firstname.lastname@example.org expressing your interest. We will have an Mcare representative call you to explain the program. We thank you in advance for considering Mcare's preferred method of payment.
2008 Assessment Manual v.2* - The manual reflects current law as of December 21, 2007; however, various legislative bills are pending which, if passed, may alter the information and instructions contained herein. We strongly suggest you visit our website for any updates to this manual.
The manual is intended to provide guidance and clarify procedures with regards to calculating the 2008 Mcare assessment and does not include abatement-related information. The manual should be read thoroughly in order to understand the entire assessment calculation process. Please check our website often for updates, changes or clarifications.
Exhibit 1 2008 Rating for Individual Health Care Providers
Please refer to the 2008 Assessment Manual for tail rating information.
e-216 Remittance Advice Form - V6 - Published 10.29.2013
IMPORTANT PROCESSING UPDATE - ELECTRONIC SUBMISSIONS: Effective January 1, 2013, electronic submission of Excel type e-216 is the preferred method of reporting basic professional liability insurance coverage to Mcare. No longer is a hardcopy 216 required when submitting your e-216 with or without payment. This change applies to all submissions, regardless of the assessment year, with a run date on or after January 1, 2013. The e-216 must be sent to the following e-mail address email@example.com If payment is due, the check must be mailed to Mcare at the same time the e-216 is emailed. For complete details, please refer to page 8 of the 2013 Assessment Manual.
The standard for submitting new and renewal business to Mcare is to do so electronically via Form e-216, or one of the other two approved formats listed in the manual. Submitting electronically increases Mcare's ability to process coverage information and payment in a more efficient and expeditious manner.
This form is to be used by basic professional liability insurance carriers and approved self-insurers for summarizing surcharges/assessments collected, payable and refundable. Except for an approved self-insured health care provider, a health care provider may not complete this form.
A check in the amount of the sum of all surcharges/assessments due, should be received in Mcare’s Office within 60 days from the effective date of coverage, cancellation or endorsement.
Reporting Form Updates:
- Updated to include JUA Specialty Code 01559 Radiation Oncology including Deep Radiation - No Surgery 2.28.07
- Corrects the Hospital (acute care) Bed rate for Territory 2 6.23.08
- Allows the reporting of an inactive claims-made policy when the carrier will provide coverage for a claim during a period when the claims-made policy is inactive but not cancelled. (Provider called to active military) 6.23.08