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Medicare Information Resource

Note: Should you have landed here as a result of a search engine (or other) link, be advised that these files contain material which is copyrighted by the American Medical Association (AMA). You are forbidden to download the files unless you read, agree to and abide by the provisions of the copyright statement. Read the copyright statement now (you will be linked back to here).

Medicare Information Resource Part B
MIR-2007- 06AB, June 2007

Competitive Acquisition Program (CAP) Educational Materials during the Additional Physician Election Period (PE200705-27)

An additional election period for physicians who are not currently participating in the CAP is underway. The CAP is an alternative to the Average Sales Price (ASP) method of acquiring many drugs and biologicals administered incident to a physician’s services.

The additional election period began on May 1, 2007 and will end June 15, 2007. Effective dates for physicians who elect to participate during this period will be from August 1, 2007 through December 31, 2007. Please note that this physician election period is only for new CAP elections. It is not necessary to renew CAP election at this time. Requests for termination from the program will not be accepted during this election period.

Additional information about the CAP physician election process, including new educational materials about the physician election process are at http://www.cms.hhs.gov/CompetitiveAcquisforBios/02_infophys.asp#TopOfPage External Link.

Additional information about the CAP is available at http://www.cms.hhs.gov/CompetitiveAcquisforBios/01_overview.asp#TopOfPage External Link.

The list of drugs supplied by the CAP vendor, including NDCs, is in the Downloads section at http://www.cms.hhs.gov/CompetitiveAcquisforBios/15_Approved_Vendor.asp#TopOfPage External Link.

Completed and signed physician election forms should be returned by mail to your local carrier-the carrier that processes your Part B drug claims after May 1, 2007. Please do not return the completed forms to CMS. In order to qualify for a CAP effective date of August 1, 2007, election forms for the additional election period must be postmarked no later than June 15, 2007.

CMS Learn Resource 200705-27

CPT five-digit codes, descriptions, and other data only are copyright 2006 American Medical Association. All Rights Reserved. No fee schedules, basic units, relative values or related listings are included in CPT. AMA does not directly or indirectly practice medicine or dispense medical services. AMA assumes no liability for data contained or not contained herein.   Applicable FARS/DFARS clauses apply.

 

   
 
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