TN 1 (07-97)

HI 01015.020 Premium Collections

All premium collections processed through the Premium Collection Operation (PREMCO) — both hospital and supplementary medical from both disabled and aged — are always deposited in the Federal Supplementary Medical Insurance Collection Account for the Aged (20 ×8004.5). These collections will subsequently be redistributed by the SOBER program as it applies the collections to the Billing and Collection Master (BCM) Record. This redistribution will be outputted to Central Office where any necessary transfer documents will be prepared and processed.


To Link to this section - Use this URL:
http://policy.ssa.gov/poms.nsf/lnx/0601015020
HI 01015.020 - Premium Collections - 08/13/1997
Batch run: 01/27/2009
Rev:08/13/1997