Page 34 - Medicare Benefit Policy Manual
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B.  If a physician/practitioner fails to properly opt-out in accordance with the above
                       paragraphs of this section, the following will result:

                       •  The physician’s or practitioner’s attempt to opt-out of Medicare is nullified, and
                           all of the private contracts between the physician/practitioner and Medicare
                           beneficiaries for the 2 year period covered by the attempted opt-out are deemed
                           null and void;

                       •  The physician/practitioner must submit claims to Medicare for all Medicare-
                           covered items and services furnished to Medicare beneficiaries, including the
                           items and services furnished under the nullified contracts.  A nonparticipating
                           physician/practitioner is subject to the limiting charge provision.  For items or
                           services paid under the physician fee schedule, the limiting charge is 115 percent
                           of the approved amount for nonparticipating physicians or practitioners.  A
                           participating physician/practitioner is subject to the limitations on charges of the
                           participation agreement the physician/practitioner signed;

                       •  The physician/practitioner may not reassign any claim except as provided in the
                           Medicare Claims Processing Manual, Chapter 1, “General Billing
                           Requirements,” §§30.2.12 and 30.2.13;

                       •  The physician/practitioner may neither bill nor collect an amount from the
                           beneficiary except for applicable deductible and coinsurance amounts; and

                       •  The physician/practitioner may make another attempt to properly opt-out at any
                           time.

                   40.11 - Failure to Maintain Opt-Out
                   (Rev. 222, Issued: 05-13-16, Effective: 08-15-16, Implementation; 08-15-16)

                   A.  Failure to maintain opt-out

                   A physician/practitioner fails to maintain opt-out under this section if during the opt-out
                   period one of the following occurs:

                       •  The physician/practitioner has filed an affidavit in accordance with §40.9 and has
                          signed private contracts in accordance with §40.8, but the physician/practitioner
                          knowingly and willfully submits a claim for Medicare payment (except as
                          provided in §40.28) or the physician/practitioner receives Medicare payment
                          directly or indirectly for Medicare-covered services furnished to a Medicare
                          beneficiary (except as provided in §40.28); or

                       •  The physician/practitioner fails to enter into private contracts with Medicare
                          beneficiaries for the purpose of furnishing items and services that would
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