BC Advantage - 2016 Issue 8

CMS Issues Final Rule on Reporting and Returning Medicare Overpayments

Section 6402 (a) of the Patient Protection and Affordable Care Act (PPACA), enacted on March 23, 2010, established a new Section 1128J(d) of the Social Security Act, which requires a person who receives a Medicare or Medicaid overpayment to report and return it by the later of 60 days after the date on which the overpayment was identified; or (B) the date any corresponding cost report is due, if applicable. To implement this new requirement, the Centers for Medicare & Medicaid Services (CMS) issued a proposed rule on February 16, 2012 (hereafter, Proposed Rule). Approximately four years later, on...

To read the full article, sign in and subscribe to BC Advantage.

Thank you for choosing Find-A-Code, please Sign In to remove ads.