Medicare Managed Care Manual (Pub. 100-16), Ch. 11 § 70.3

Nonrenewal of MA Contract: CMS-Initiated

Last amended: 2006Year: 2006Length: 144 wordsOfficial source
70.3 - Nonrenewal of MA Contract: CMS-Initiated (Rev. 79, Issued 02-17-06, Effective Date 02-17-06) CMS may elect not to authorize renewal of an MA contract. CMS must notify the MA organization of its intent to nonrenew by May 1 of the contract year, except in the event of paragraph (d), below, in which case notice will be sent by September 1. Reasons for CMS non-renewal of a contract include the following: a. The MA organization has not fully implemented or shown discernable progress in implementing quality improvement projects; b. For any of the same reasons that CMS would terminate a contract; c. The MA organization has committed any of the acts that would support imposition of intermediate sanctions or civil money penalties; or d. The MA organization did not submit a benefit and price bid or the benefit and price bid was not acceptable.
Medicare Managed Care Manual (Pub. 100-16), Ch. 11 § 70.3: Nonrenewal of MA Contract: CMS-Initiated | Justis AI