Medicare Managed Care Manual (Pub. 100-16), Ch. 9 § 60.3
Bonding and Insurance
Length: 80 wordsOfficial source
60.3 - Bonding and Insurance
(Rev. 111, 05-03-13, Effective: 05-03-13, Implementation: 05-03-13)
An employer/union directly contracting with CMS as an MAO must meet the bonding and
insurance standards described at 42 CFR 422.503(b)(4)(iv)-(v). However, CMS may, on a case-
by-case basis, provide flexibility to an employer/union directly contracting with CMS as an
MAO by waiving these requirements upon a demonstration that different Federal or State legal
standards (such as the Employee Retirement Income Security Act (ERISA) bonding
requirements) are satisfied.