Medicare Beneficiary Financial Protection Act of 1992
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Medicare Beneficiary Financial Protection Act of 1992 - Amends part B (Supplementary Medical Insurance) of title XVIII (Medicare) of the Social Security Act to provide that Medicare beneficiaries are not liable for nonparticipating physicians' charges in excess of authorized amounts. Requires physicians to refund excess charges to beneficiaries within 30 days. Authorizes sanctions against physicians who knowingly and repeatedly overcharge beneficiaries, or who fail to make timely refunds. Provides for the notification of individuals receiving nonparticipating physician services of the limitations on charges and the availability of refunds. Requires Medicare carriers: (1) to conduct prepayment screening of services furnished by nonparticipating physicians; and (2) to notify physicians of the requirement to refund excessive charges.
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