{"ref":"OH-HH-BUS-01","title":"Overall Plan, Annual Operating Budget, Capital Expenditure Plan, and Insurance","category":"Business","summary":"Requires an overall plan and a budget prepared under the direction of the governing body, with an annual operating budget and a capital expenditure plan for at least three years, reviewed and updated at least annually; and keeps the Agency’s surety bond, workers’ compensation coverage, insurance and business records in order.","inShort":["The governing body approves a plan and budget every year and reviews them at least annually.","The Agency keeps workers’ compensation and liability insurance in force.","Report any accident or damage that could lead to a claim to the Administrator the same day.","Never destroy or change business or billing records."],"primaryCitation":"42 CFR §484.105(h)","citations":["OAC 3701-60-03(A)(3)(e)","ORC 4123.35"],"federalCitations":["42 CFR §484.105(h)","42 CFR §484.105(a)"],"surveyorAsks":["Show me your overall plan, this year’s operating budget and your capital expenditure plan.","Who prepared the plan and budget, and when did the governing body last review and update them?"],"forms":[],"headings":["Terms of Reference","1. Purpose","2. Scope","3. Definitions","4. Policy Statement (42 CFR §484.105(h))","5. Preparing the Plan and Budget","6. Monitoring and Annual Update","7. Surety Bond","8. Workers’ Compensation and Insurance","9. Business Records","10. Responsibilities","11. Records and Compliance Monitoring","12. Staff Training","13. References","14. Related Policies and Forms","15. Approval","16. Revision History"],"version":"1.0","sample":false,"pack":"oh-hha","state":"Ohio","service":"Home health","guides":[{"path":"/guides/home-health-agency-policies/","h1":"What policies and procedures are required for home health agencies?"},{"path":"/guides/home-health-conditions-of-participation/","h1":"Home health Conditions of Participation: which policies each one needs"}],"agency":{"name":"Sample Agency","legalName":"Sample Agency, LLC","logo":null}}