CMS Floats 60-Day Medicare Overpayment Refund Rule

Law360, New York (February 14, 2012, 4:59 PM EST) -- The Centers for Medicare and Medicaid Services on Tuesday announced a proposed rule that requires Medicare providers to report and return overpayments within 60 days or face False Claims Act liability, a requirement called for by the health care reform law.

Providers have been anxious for clarification since the law was signed in March 2010. In what one attorney described as a “bombshell,” the rule proposes a look-back period that would apply the refund requirement to 10-year-old overpayments.

“If this proposed rule is finalized along the...
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