Payments: Florida Payers Pass Up Refunds After A Year
Here's how a new law is changing the state's overpayment rules.
Yes, you should take payers' refund requests seriously, but do you have to repay money on a claim paid more than a year ago? The answer may surprise you.
Check Your State's Statutes
A new law in Florida, which took effect on Nov. 1, changes the time limit when a carrier can retroactively seek a refund on a previously paid claim from a practice from 30 months to just 12 months.
Many states have a law or regulation governing how long payers have to ask for a refund...
To read the full article, sign in and subscribe to tci Medicare Compliance & Reimbursement.
Keep pace with evolving Medicare regulations — and onboard your team — with timely analysis of critical updates interpreted in an easy-to-follow, easy-to-apply format. Your subscription to TCI's Medicare Compliance & Reimbursement Alert will equip you to navigate code and guideline changes, CCI edits, and revisions to modifiers, payer policies, the fee schedule, OIG target areas, and more.
Current newsletters added each month
Fully searchable archives - over 4200 articles
ALL years/issues back to 2003 organized by year and issue
Codes mentioned in articles are linked to Code Information pages
Code Information pages link back to related articles
Access to this feature is available in the following products: