Can workers comp ask for their money back?
If you are overpaid on your income benefits, the insurance company may recoup the overpayment upon giving you notice in an amount not to exceed 25% of the income benefit payment. If the insurance company sends you a letter asking for you to pay all of the overpayment back in a lump sum, inform them that is not the law and contact the Division of Workers’ Compensation.
If you receive a settlement in the case from a 3rd party, the recovery shall be used to reimburse the insurance company for benefits, including medical benefits, that you have received.
Also, be aware that the insurance company will treat any amount that exceeds the amount of reimbursement as an advance against future benefits, including medical benefits, that you may be entitled to receive.
If you receive a settlement in the case from a 3rd party, the recovery shall be used to reimburse the insurance company for benefits, including medical benefits, that you have received.
Also, be aware that the insurance company will treat any amount that exceeds the amount of reimbursement as an advance against future benefits, including medical benefits, that you may be entitled to receive.
If you still have any questions, feel free to contact us. We are happy to assist you by phone, text, or email.
