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HHS/CMS | RIN: 0938-AI31 | Publication ID: Spring 1998 |
Title: Surety Bond and Capitalization Requirements for Home Health Agencies (HCFA-1152-FC) | |
Abstract: The balanced budget act of 1997 requires each home health agency to secure a surety bond in order to participate in the medicare and medicaid programs. Our January 5, 1998 publication in the federal register required each HHA to secure a bond that is the greater of $50,000 or 15 percent of the annual amount paid to the home health agency and submit the bond to HCFA or the state medicaid or both, by February 27, 1998. This final rule removes the February 27, 1998 date to allow home health agencies additional time to obtain a bond. The new compliance date will be 60 days after the date of publication of the final rule that implements the technical changes discussed in the notice (HCFA-1039-N). | |
Agency: Department of Health and Human Services(HHS) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Completed Actions |
Major: No | Unfunded Mandates: State, local, or tribal governments; Private Sector |
CFR Citation: 42 CFR 441.16 42 CFR 489.67 | |
Legal Authority: 42 USC 1302 42 USC 1395hh |
Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: State, Tribal |
Included in the Regulatory Plan: No | |
Agency Contact: Ralph Goldberg Division of Provider and Supplier Enrollment Department of Health and Human Services Centers for Medicare & Medicaid Services 7500 Security Boulevard, Baltimore, MD 21244 Phone:410 786-4870 |