HCFA Medicare DME supplier surety bond proposal has 15% "penal" level with $3 mil. ceiling.
This article was originally published in The Gray Sheet
Executive Summary
MEDICARE DME SURETY BOND PROPOSAL: COMMENTS ON WAIVER IMPLEMENTATION are being sought by the Health Care Financing Administration in a Jan. 20 Federal Register proposed rule. Under the proposal, HCFA would not immediately implement the waiver, citing a lack of time between enactment of the Balanced Budget Act and the Jan. 1, 1998 effective date of the requirement.
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