HIPAA, MSP, and SBC Penalties Indexed as of March 17, 2022
Mar 23, 2022
These penalties were indexed in November 2021, but they’re being updated effective March 17, 2022, for violations occurring on/after November 2, 2015.
Regulators also increased the price transparency penalty for hospitals from $304/day maximum fine to $5,500 per day, taking the calendar year max from $100K to over $2 million. They also increased the $10,000 penalty for a provider’s failure to comply with the No Surprises Act to $10,622.
Assessments on/after Nov 15, 2021 | Assessments on/after Nov 15, 2021 | |
HIPAA Privacy & Security violations | ||
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Medicare Secondary Payer (MSP) violations
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Summary of Benefits and Coverage (SBC) violations |
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IMA will continue to monitor regulator guidance and offer meaningful, practical, timely information.
This material should not be considered as a substitute for legal, tax and/or actuarial advice. Contact the appropriate professional counsel for such matters. These materials are not exhaustive and are subject to possible changes in applicable laws, rules, and regulations and their interpretations.