Patient Refunds for Untimely Filing
If a claim is to be written off due to lack of timely filing and the patient has made payments against the claim, is the patient entitled to a refund for the amount they have already paid?
Question: If a claim is to be written off due to lack of timely filing and the patient has made payments against the claim, is the patient entitled to a refund for the amount they have already paid?
Answer: Let me make sure I’m clear: The claim ought to have been paid by a payer, but was filed too late. For some reason, the patient was also paying against the claim.
If this is the case, then yes, the patient needs a refund. She should not have been paying in the first place and the fact that her payer didn’t cover the expense is the fault of the medical office, not the patient.
Asset Protection and Financial Planning
December 6th 2021Asset protection attorney and regular Physicians Practice contributor Ike Devji and Anthony Williams, an investment advisor representative and the founder and president of Mosaic Financial Associates, discuss the impact of COVID-19 on high-earner assets and financial planning, impending tax changes, common asset protection and wealth preservation mistakes high earners make, and more.
