Medicare program; home health agencies; financial security requirements--HCFA. Proposed rule.
These proposed regulations would implement sections 930(n) and (p) of the Omnibus Reconciliation Act of 1980 (Pub. L. 96-499). Section 930(n) authorizes the Secretary to require home health agencies (HHAs) participating in Medicare to meet conditions, including bonding or establishment of escrow accounts, to ensure the financial security of the Medicare trust fund. Section 930(p) excludes from Medicare reimbursement any costs incurred by an HHA in connection with bonding or establishing an escrow account. It also excludes interest payments made by an HHA that are charged on amounts borrowed to repay Medicare overpayments. The intent of these additional requirements is to assure the availability of funds to repay overpayments, and thereby ensure the financial security of the Medicare program.
D014487:Centers for Medicare and Medicaid Services, U.S.; D006699:Home Care Services / Q000331:legislation & jurisprudence*; D006278:Medicare / Q000331:legislation & jurisprudence*; D014481:United States