What happens when an insurance company sends you a check for glasses, but you return the glasses?
My insurance company sent me a check for $200. I ended up returning the glasses. Is it standard for a company to ask for the $200 back? Or is it assumed that because I am allowed $200 in my benefits that I keep it?
Tags: Check, Company, glasses, Happens, Insurance, Insurance Company, return, sends
You should use the money to replace the glasses that you returned. If the new glasses are the same price or more, then no harm no foul. However, you should notify the insurance company if there was a difference in price that would have affected the amount you received.
If this is picked up in a provider audit or claim review (and they do them regularly), then you could see yourself at the other end of a fraud investigation.
It’s not okay to just keep the money. Insurance companies take this very seriously, no amount is too little, and they have entire departments to look at claims like this regularly; these people are professionals and aren’t necessarily very forgiving. It’s not worth the risk for $200.
I hope this helps.
No, you can’t keep it unless you’re buying glasses to replace the ones you returned.