An RDS application is ready for Reconciliation when the following conditions are met.
- The status of the application must be "Approved."
- The application plan year has ended.
- All desired interim payment requests have either been processed or canceled. (The maximum number of interim payment requests does not have to be used before initiating Reconciliation.)
- At least 15 calendar days have passed from the date of the last interim payment determination.
- Note: It is recommended that Plan Sponsors stop interim payments at least 60 days prior to an application's Reconciliation Deadline to focus on Reconciliation activities.
- The Reconciliation Deadline has not passed.
Note: After Reconciliation is initiated it cannot be reversed.
Answer ID
1000-08