PACE
PROVIDER BULLETIN
September 16,
2005
State Worker’s
Insurance Fund
(SWIF)
Program
All PACE Providers
have been mailed packets of information inviting their participation as an on-line
pharmacy provider in the state’s worker’s compensation program.
Providers enrolling in
the on-line system benefit by:
·
eliminating paper claim submission
·
knowing immediately if the
prescription is covered
·
receiving payment via EFT for a
covered claim within 21 days.
Reimbursement formula
is:
·
the
lesser of usual and customary charge or
·
AWP
minus 10% plus a $4.00 dispensing fee or
·
Federal
Upper Limits (FUL) plus a $4.00 dispensing fee.
►SWIF claims do not have a co-pay.
►SWIF is always the primary payer for worker’s
compensation claims.
Please watch for the
packet marked “SWIF ENROLLMENT” for more information about participating as a
SWIF provider.
Questions concerning
participation in SWIF may be directed to Provider Services at:
1-800-835-4080
PPB-05-019