HMCC Meeting & Event Compliance

Question 1

What are the OIG guidelines for healthcare industry-sponsored educational events?

Accepted Answer

Events must have legitimate educational purposes, modest hospitality, no recreational components for attendees, and no conditions tied to prescribing products

Answer

Companies can offer any gifts they want at medical conferences

Answer

There are no guidelines for sponsored events

Answer

Only events over $1 million require compliance review

Question 2

What is the PhRMA Code on interactions with healthcare professionals?

Accepted Answer

A voluntary industry code setting standards for pharmaceutical company interactions with HCPs, including meals, gifts, speaking, and educational support

Answer

A federal law regulating drug prices

Answer

A medical licensing requirement

Answer

A hospital accreditation standard

Question 3

What constitutes a transfer of value under the Sunshine Act for meeting planning?

Accepted Answer

Meals, travel, lodging, honoraria, consulting fees, grants, and any other payment or benefit provided to a physician by an applicable manufacturer

Answer

Only cash payments over $10,000

Answer

Only gifts of medical equipment

Answer

Only research grants

Question 4

What documentation should meeting planners maintain for healthcare compliance?

Accepted Answer

Attendee lists, meal costs per person, educational agendas, speaker agreements, transfer of value records, and fair market value assessments

Answer

Only the total event budget

Answer

Only the venue contract

Answer

No documentation is required for educational events

Question 5

What is the 'modest meals' standard in healthcare compliance?

Accepted Answer

Meals provided at industry events must be modest in value, directly connected to the educational program, and not extravagant or entertainment-focused

Answer

Any meal under $500 per person is acceptable

Answer

Meals are unrestricted at educational events

Answer

Only water and coffee may be provided

Question 6

How should speaker compensation be determined for healthcare educational events?

Accepted Answer

At fair market value based on the speaker's qualifications and the service provided, not as inducement for product prescribing

Answer

At the highest rate the speaker will accept

Answer

Based on the speaker's prescribing volume

Answer

Speakers should not be compensated