Medicare Program; Reporting and Returning of Overpayments
medicare · Centers for Medicare and Medicaid Services · Rule · Published 2016-02-12 · Effective 2016-03-14 · 81 FR 7654
Document
Document number
2016-02789
Federal Register citation
81 FR 7654
CFR reference
42 CFR 401
Type
Rule
Action
Final rule.
Category
medicare
Sub-agency
Centers for Medicare and Medicaid Services
Publication date
2016-02-12
Effective date
2016-03-14
HHS docket
CMS-6037-F
Abstract
This final rule requires providers and suppliers receiving funds under the Medicare program to report and return overpayments by the later of the date that is 60 days after the date on which the overpayment was identified; or the date any corresponding cost report is due, if applicable. The requirements in this rule are meant to ensure compliance with applicable statutes, promote the furnishing of high quality care, and to protect the Medicare Trust Funds against fraud and improper payments. This rule provides needed clarity and consistency in the reporting and returning of self-identified overpayments.