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Can an insurance company request an overpayment refund at any time in the state of NC Is there a time limit?
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Can a Medicare advantage insurance company request an overpayment refund at any time?
No. Pursuant to recent federal law, a plan can only go back five years from the payment date to request a refund.
Can a auto insurance company request an overpayment refund from a claim?
Sure. If for some reason you were overpaid for a claim the company can expect you to return the overpayment. I really don't see how this could have occurred unless you intentionally did something to cause it to be done.
If your insurance company requests a refund from your dentist because your insurance cancelled is the dentist required to send the refund?
The only time the dentist is required to refund the insurance company, is after the specific company has already made payment to the dental office and inadvertently was an overpayment for services renderred. In the event that the dentist is a participating provider with the insurance company and has other patients with the same plan, the insurance company reserves the right to deduct the overpayment from any future payments owed to the dental office whether it is for the same patient or not.
Is there a statute of limitations for dental claims in which the insurance company can request a refund of overpayment on a claim?
Ordinarily, the insurer makes payment directly to the dentist, especially if it is a managed care type of claim. Therefore, the time limit for recovering an overpayment will be specified in the contract between the insurer and the provider. However, if the insurer reimbursed you after you paid the dentist, your insurance contract may specify the process and time limit for the recovery of overpayment. If it does not, the law of the state in which you reside, or where the policy was issued, will specify a Statute of Limitation for breach of contract claims.
When a primary insurance pays more than the hospital charged does the patient get the refund?
Of course not. The hospital would issue a refund to the insurance company if they overpaid on a claim. Generally on a large claim, an audit is done at the end of the claim to check on such things. It is illegal for an insured to make money from overpayment from an insurance company or a combination of insurance companies. If you have more than one policy you cannot collect more that the amount of the loss from the combination of company payments. Be careful, you can get in trouble.
Are you really getting a refund when you get your tax refund from the Internal Revenue Service?
Yes, a refund of overpayment...but a refund nonetheless.
Can state of Michigan take my federal taxes for overpayment of unemployment insurance?
The State of Michigan can only offset your federal refund, if they say the overpayment was due to misrepensentation or fraud. In this case you will need to contact a Bankruptcy Lawyer to help.
Can a company refund excess contributions made by an employee to a flexible spending cafeteria plan to that employee as taxable income the following year?
No. Your consequences for the overpayment will be reported and you will have to file an amendment for the year in which the overpayment occurred.
How do you Cancel Home Owners Insurance and get a refund on remaining insurance due to home sale?
When you call you insurance company to cancel, they may want the request in writing...this is helpful if you have an agent, because you can just pay them a visit. The refund from unearned premium should be sent to you within a week of cancellation
What is the max refund for federal taxes?
There is no maximum refund. If you overpaid your federal taxes, you'll get a refund for the overpayment no matter how much it is.
When can you obtain your refund of over payment?
SSI underpayed me upon my SSI award. And withheld $3,581.70 alledging an past overpayment. However; upon request for waiver. On Aug. 22 2011. A decision was rendered at a formal ALJ hearing By the honorable ALJ Judge Weir III. Whom granted my request for a waiver of alledged overpayment. Documents confirm ALJ ruled that I wasn't at fault and waived the collection of an overpayment. However, a month has passed. And I have yet to receive any notice from SSA in regards to my refunded claim of $3,580.70 When can I recover my refund of alledged overpayment already collected.
What does the dental office have to do when a dental insurance company overpays on a claim?
Refund the money to the insurance company and bill the patient for the difference.
