Billing Beat

Immediate Offset Requests

August 31, 2012

Beginning July 1, 2012, a new, standard immediate offset process was implemented for all Part B physicians and other suppliers. This new process allows you to request an immediate offset each time you receive a demanded overpayment or you can make a permanent request for all future demanded overpayments. You can elect the immediate offset process to avoid making a payment by check and/or avoid the assessment of interest if the immediate offset satisfies the overpayment in full before aging 31 days from the initial demand. Recoupments that are associated with an immediate offset are considered a voluntary repayment of a debt. Please keep in mind that immediate offset requests can only be honored if there are pending payments in the Medicare claims processing system from which to offset. If there is an insufficient amount of pending payments to satisfy the overpayment, interest may accrue. You can choose to stop participating in the immediate offset process at any time by submitting a written request. Palmetto GBA Medicare Part A and Part B MAC for Jurisdiction 1; comprised of California, Hawaii and Nevada

Sign up for Billing Beat