The MLTC 62 form is a document required by the Nebraska Department of Health and Human Services. It is used to disclose ownership and controlling interests in entities that provide services under Medicaid. This form helps ensure transparency and compliance with federal regulations.
Any entity that seeks to enroll or contract with the Nebraska Medicaid program must complete this form. This includes organizations that provide health-related services and have ownership or control interests that meet specific criteria.
The form must be submitted at several key times:
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At the time of enrollment or contracting with the Department.
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During the time of a survey.
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Within 35 days of receiving a written request from the Department.
The form requires various details, including:
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The legal name of the entity and its tax identification number.
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Names, addresses, and Social Security or Federal Employer Identification Numbers (FEIN) of individuals with ownership or control interests.
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Details about managing employees.
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Any criminal convictions related to Medicare or Medicaid programs.
What happens if there are changes in ownership or control interests?
If there are any changes in ownership or control interests, it is the provider's responsibility to report these changes. A new MLTC 62 form must be completed to ensure that the Department has the most accurate and up-to-date information.
Yes, failing to complete the form or providing inaccurate information can lead to penalties. This may include denial of enrollment or contracting, or even legal repercussions. It's crucial to ensure all information is accurate and submitted on time.
What is the significance of the ownership interest percentage?
The ownership interest percentage is important because it determines who has control over the entity. If someone has a 5% or greater ownership interest, their information must be disclosed. This helps maintain transparency and accountability within the Medicaid system.
Yes, if you need more space to provide required information, you can attach a separate sheet. Just make sure to label it clearly and include all necessary details to avoid any confusion.
The form must be signed by the provider, an authorized representative, or an agent of the entity. It is important that the signature is original, as stamped signatures are not accepted. This ensures that the information provided is verified and accurate.