What happens when your secondary insurance overpays claim?
When your secondary insurance overpays a claim, it means that they have reimbursed you more than the amount you were actually entitled to receive. This can happen for several reasons, such as:
* The secondary insurance company may not have been aware of all the other insurance coverage you had.
* The secondary insurance company may have made a mistake in calculating your benefits.
* The secondary insurance company may have reimbursed you for expenses that were not covered under your policy.
If you receive an overpayment from your secondary insurance company, it is important to promptly notify them. You will usually be required to repay the overpayment, and failure to do so could result in your policy being canceled or your coverage being reduced.
Here are some tips for avoiding overpayments from your secondary insurance company:
* Make sure that you inform all of your insurance companies about all of your other insurance coverage.
* Review your Explanation of Benefits (EOB) carefully to ensure that the secondary insurance company has reimbursed you for the correct amount.
* If you have any questions about your secondary insurance coverage, contact the insurance company directly.
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