If you run a small business, there are basics you need to be aware of. There are several rules and regulations you must comply with, to operate legally. The authorities require you to display labor posters that relate to your industry. Meaning, you must display the correct posters offering information your employees need. These requirements are enforced by U.S. laws, and should be taken seriously. Lack of adherence these guidelines could result in your business being fined, or shut down.
Labor Law posters help you comply with the rules and regulations.
They’re designed to protect both you and workers.
Labor postings provide valuable details your employees need to know. They show information regarding their rights or safety procedures when in the workplace. Labor laws change frequently, and this becomes a critical detail for you as a business-owner. Unless you are checking on these changes daily, you could be at risk and not even know it.
Find the right labor law service for you.
Finding a provider that alerts you of new posting changes and updates is a good idea. More specifically, search for one with in-house legal staff to offer detailed info. A good long term supplier will have competent customer assistance as well.
Labor postings provide safety details employees need to know.
The repercussions of not having the right posters can be steep.
Businesses that fail to comply usually ended up with large fines. Worse yet, they can be shut down until they are back in regulatory compliance. Posters are designed to protect both you and your employees. They share vital information, and make the workplace a safer environment.
If you’re in a medical office position, typically, insurance reimbursements come from submissions of specific forms. There are so many that they can become downright confusing. In most offices, the HCFA CMS 1500 form is the most widely used document submitted for reimbursement.
The form was previously known as the HCFA 1500 but has since been named CMS 1500. The name change came as a result of the Centers for Medicare and Medicaid Services. Most medical offices use this form to bill some of the Medicaid State Agencies.
All insurance paid treatments require the CMS 1500 for payment
Usually used by non-hospital patient care providers and medical suppliers.
The rule is that you must file the form with the payer within 365 days of providing the service to your patient. This form can only be used if it is printed with a specific ink. This makes getting downloaded or photocopied copies of the form unusable for turning in claims. The forms are scanned using a specific technology called Optical Character Recognition.
Scanning errors happen – often.
Almost 100% of the time, if the ink is not the needed quality on the form, scanning errors result. It’s critical that you have the form with the exact ink and information on it to have a successful form submission. You can ensure your form submissions are accepted by using the latest form edition, along with the correct ink color and quality. Omit these 2 simple guidelines, and it could result in form rejections, and delayed reimbursements.
A chance you could not get paid at all.
What’s worse is that if you wait too long to re-send the corrected form, there’s a chance you may not be paid at all. So make sure when purchasing this form, you are buying from a company that is reliable, and has the exact ink that is needed. The result of this diligence is a stream on timely insurance payments for your services rendered. The alternative to using the paper format of this is to use 1500 claim form software. It’s typically more expensive, but for large companies, it can save a great deal of time and money.