No. Pursuant to recent federal law, a plan can only go back five years from the payment date to request a 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.
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.
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.
Yes, a refund of overpayment...but a refund nonetheless.
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.
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.
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
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.
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.
Refund the money to the insurance company and bill the patient for the difference.
Issues a refund