MEDICARE PAYMENT FLOOR
The Medicare Payment Floor is the amount of time WPS Medicare has to wait before paying your claim. According to the Centers for Medicare & Medicaid Services (CMS) Internet-Only Manual (IOM) Pub. 100-04, Chapter 1, Sec. 22.214.171.124, “The ‘payment floor’ establishes a waiting period during which time the contractor may not pay, issue, mail, or otherwise finalize the initial determination on a clean claim. The “payment floor date” is the earliest day after receipt of the clean claim that payment may be made.” Based on how you file claims, WPS Medicare will issue your remittance notice and check(s), if appropriate, according to the payment floor.
Type of Claim Payment Floor Date
HIPAA-compliant Electronic Claims 14 calendar days from claim receipt date
Non-HIPAA compliant Electronic Claims 27 calendar days from claim receipt date
Paper Claims 29 calendar days from claim receipt date