8 Colo. Code Regs. § 1405-1-5.106

Current through Register Vol. 47, No. 18, September 25, 2024

Section 8 CCR 1405-1-5.106 - FISCAL MANAGEMENT

This rule is promulgated pursuant to sections 26.5-3-403, 26.5-3-405, and 26.5-3-406, C.R.S.

A. A Certified Early Intervention Service Broker, as defined in Rule 5.103 shall:

1. Only purchase early intervention services from providers that meet the qualifications as defined by the Department;

2. Establish and maintain necessary cost accounting systems according to general accounting principles to properly record, and allocate separately, the revenue and expenses for federal Part C of the Individuals with Disabilities Education funds, state-funded early intervention services, Medicaid funds and private health insurance funds that are billed through the Certified Early Intervention Service Broker, local funds, and other funds used for the purchase of early intervention services;

3. Ensure that Part C of the Individuals with Disabilities Education Act funds:

a. Are used only as payor of last resort;

b. May be used to reimburse a parent or guardian for copayments and deductibles for early intervention services documented on their child's IFSP; and

c. For purposes of accounting, not commingled with any other funds received.

4. Track expenditures for each funding source for service coordination, direct services, management fee, and any other expense line item as defined by the Department; and

5. Notify the Department of any proposed change of reimbursement rates for any early intervention service at least fifteen (15) calendar days prior to the use of such rates. All rates must be computed using the methodology determined by the department.

B. The maximum reimbursement rate for any early intervention service shall be subject to restriction by the Department.

8 CCR 1405-1-5.106

46 CR 01, January 10, 2023, effective 1/1/2023

46 CR 06, March 25, 2023, effective 4/14/2023

47 CR 13, July 10, 2024, effective 7/30/2024