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Wiki Patient Refunds-Does anyone know

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LanaW

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Does anyone know where I can find information regarding regulations for the state of North Carolina and patient refunds?
Thanks in advance!
 
Any time there is a credit on the patient's acct regarding an overpayment by the patient to our office. co pays, overpayment on surgical estimates, etc....is there a time frame - is there a limit on the amt? etc.
Thank you!
 
NC Patient Refund

Anytime you have a credit balance, you are required to repay the overypayment to the correct entity/person that overpaid. You are not entitled to be unjustly enriched, which is what it would be if you kept the money.

Each state has an Unclaimed Property law and you are required to remit all funds where you cannot find the rightful party to refund them to the state. Here is a booklet from your state that should answer any questions you have on submitting unclaimed funds.

You cannot keep the overpayment, no matter how much time has elapsed. Having said that, under OIG guidelines, you should have an office policy established to address overpayments within 30 days.
 
patient refunds

Good Morning everyone
can anyone tell me if the OIG states the dollar amount that we need to refund patients for example anything less than $10.00. or is the policy patient should be refunded regardless of the dollar amount? Thanks
 
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