No Surprises Act: Updated Qualified Payment Amounts (QPAs) for 2024 and Increased IDR Fees Effective January 22, 2024

No Surprises Act: Updated Qualified Payment Amounts (QPAs) for 2024

Look at your payers’ 2020 QPAs to ensure that your 2024 QPA has been updated! Under the No Surprises Act, QPAs are to be updated each year based upon the consumer price index (CPI-U). Thus, a 2019 QPA should be up 20% by 2024. Consult the IRS details starting on page 5 of www.irs.gov/pub/irs-drop/n-24-01.pdf. Read the details and more on 2024 updates in the NSA Question of the Week

No Surprises Act: Increased Independent Dispute Resolution (IDR) Fees Effective January 22, 2024

As of Friday, January 12, 2024, the federal agencies updated the No Surprises Act website to reflect the increases to the IDR fees in accordance with the Federal Independent Dispute Resolution (IDR) Process Administrative Fee and Certified IDR Entity Fee Ranges Final Rule, including the new fees being set by each IDR entity. The new fees become effective on January 22, 2024. Read the details and more on 2024 updates in the NSA Question of the Week