Liability insurance verifications
Suppliers must meet requirements to enroll in the Medicare program as a durable medical equipment, prosthetics, orthotics, and supplies (DMEPOS) supplier. This includes meeting DMEPOS supplier standards. The DMEPOS supplier standards can be located 42 C.F.R. section 424.57(c).
Standard 10 requires all DMEPOS suppliers have comprehensive liability insurance in the amount of at least $300,000 (for each incident) and the insurance must remain in force at all times.
Per guidance from the Centers for Medicare and Medicaid Services (CMS) and in an effort to protect the Medicare trust fund by ensuring supplier standards are met, the NPEAST DMEPOS contractor will contact the insurance agent to verify the policy is active and current with a CMS-855S application submission.
Please ensure your insurance agent replies to verification requests in a timely manner to aid in the processing of DMEPOS applications. |