Tax Benefit for Individuals With Disabilities: IRC Section 529A. The Stephen Beck, Jr., Achieving a Better Life Experience Act (ABLE Act) was enacted on December 19, 2014, as part of The Tax Increase Prevention Act of 2014 (P.L. 113â295).
The Official Payments Corp. (OPC), a vendor that provides reliable, secure payment options for federal, state, and local government entities, is the vendor who administers the credit card program.
The payments are calculated by multiplying the APCs relative weight by the OPPS conversion factor and then there is a minor adjustment for geographic location. The payment is divided into Medicare's portion and patient co-pay. Co-pays vary between 20 and 40% of the APC payment rate.