tci Part B Insider - 2008 Issue 40

Refunds: Tell Florida Payers 'No' for Refunds After A Year

A new law will change one state's overpayment rules.You may know that you should take refund requests from payers seriously. But what if a payer requests a refund on a claim it paid out 29 months ago? Your obligation to repay that money may vary by state. Check Your State's StatutesA 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...

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