Legal Guidelines for Growing Your Retail Business
When selling products for cash, there are a number of requirements that the DME supplier must meet. This program will discuss these requirements, including the following:
1.state licensure;
2.selling Medicare-covered items at a discount off the Medicare allowable;
3.obtaining a physician prescription; and
4.collection and payment of sales and/or use tax;
5.qualification as a “foreign” corporation;
6.required notification to a Medicare beneficiary even though the supplier does not have a PTAN;
7.complying with federal and state telemarketing rules.
Lastly, this program will discuss the benefits of setting up a separate legal entity through which the retail business will be operated.