An Obama administration rule requiring Medicare providers and suppliers report and return overpayments to users within 60 days of identification, is projected to cost more than $1.3 billion over the course of a decade.
Each report response will need an estimated six hours of labor at a rate of $53.72, with the total annual paperwork burden falling to around 3 million hours – costing taxpayers approximately $161 million a year, the Centers for Medicare and Medicaid Services’ (CMS) estimates.
If the overpayments aren’t returned within the timeframe alloted – even before the rule was implemented – by providers who “knowingly recieved” the find, they could potentially face a False Claims Act liability, Civil Monetary Penalties Law liability and be excluded from federal healthcare programs for their failure.
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