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WorksheetsMedicare Overpayments
Total questions: 10
Worksheet time: 5mins
You will know you have an overpayment when you receive a Medicare demand letter.
True
False
You will have as long as you want to repay National Government Services (NGS), Inc. if you are not on automatic immediate recoupments.
True
False, you have 30 days from the date of the letter, if you are not on automatic immediate recoupments
When you recognize an MSP overpayment, how do you report it?
Complete the MSP Post-Pay Overpayment form.
File a Redetermination.
File a Reopening.
Medicare interest accrues monthly rather than daily.
True
False
The Medicare interest rate is currently?
10.625%
10.25%
9.750%
Interest rate changes yearly.
True
False , changes quarterly
False, changes monthly
False, changes bimonthly
If you are on automatic immediate recoupments, it reduces your office workload.
True
False
Would you void a claim and resubmit a corrected claim?
No, correct the initial claim.
No, file a reopening.
Yes.
For contractor-specific overpayments you have 120 days from the date of the demand letter to submit an appeal.
True
False
You should check Medicare beneficiary eligibility frequently.
True
False
