If an Excluded Person Violates the Imposed Exclusion, Furnishes Items

question 17

True/False

If an excluded person violates the imposed exclusion, furnishes items or services to a Federal Healthcare Program beneficiary, and submits a claim for payment of these services, the excluded person may be subject to CMP of $10,000 for all claimed items or services furnished during the period that the person was excluded.

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Definitions:

Bond Selling Price

The market price at which a bond is traded, which may be above (premium) or below (discount) its face value.

Par Value

The nominal or face value of a security or currency, as stated by the issuer.

Market Rate

The current price or rate at which goods, services, or securities are traded in the open market.

Discount on Bonds Payable

The difference between a bond's face value and its selling price when it is sold for less than its face value.