How long does it take to get reimbursed from insurance?
There are a couple of factors that go into how quickly someone gets reimbursed.I'm not totally clear if you are wondering how quickly a plan participant gets reimbursed or how quickly a physician gets reimbursed so I'll address both.Assuming you get in-network care, you are not due any money back as your provider bills the insurance directly and gets reimbursed directly from them. The amount of time that it takes for a provider to get reimbursed varies, as Aaron mentioned, based on: the amount of the billthe reputation of the provider/place of service,the services providedif the provider submitted the claim electronically or not.For a simple office visit that is submitted electronically, the claims is generally processed within 72 hours and the provider is reimbursed on a specific day of the week based on the tax ID number. (It's an odd system - as an example - tax ids that start between 1-3 will get paid on Mon, 4-5 will be Tues, etc)If that same claim is submitted via paper, it takes significantly longer and reimbursement would probably be processed in 15-30 days. If the claim is a costly and lengthier claim for something like a hospital stay, you should assume at least an extra 30 days. If the amount is high, the claim will typically go through a secondary review process which is what adds the additional time.If the claim is from a provider that has a bad reputation or is under investigation, it can take months and months. I've seen them floating in limbo for 9 months to 1 year. Some common ones that get caught up in this: Free-standing surgical centers in the Southern California area (ridiculous amounts of fraud happened in some of them) and chiropractors (don't know why but insurance companies tend to scrutinize these payments)If you are getting out-of-network care and file for reimbursement, the amount of time to get reimbursed varies based on:how quickly you fill out the paperwork and send it inthe number of times it gets "lost"how legible your form isthe completeness of the information from the doctor (it needs to have provider name & address, CPT codes, ICD-9 codes, etc)Typically, in a good case when everything goes right, reimbursement happens on average in about 30 days.In cases when it goes wrong, you may be lucky if you ever get reimbursed or you may be stuck in back and forth. I'd give it an average of about 6 months if there is an issue.
Someone is taking money out of my bank account and no one is helping me. What do i do?
Yesterday i noticed on my online statement that someone withdrawled a penny from my account. I wasnt worried much about it because it was a penny, but it still felt fishy, so i called my bank service number. The women agree that it looked like someone tried to take money out of my account, and found out it was a fast cash loan place. And i have no assoication with them. The woman said she will cancel my card and send me a new one. Today the same place used my debit card and a fake online check and took money out of my account. i am now out -88 dollars. This is really frustrating me beacuse i explained to the woman the day before that something does not seem right and she assure me nothing can happen since she cancelled my card. now look what happened. What am I suppose to do. No one is listening to me. and no one is helping me. Because of the stupid bank and people who are taking my money, the apartment that i am suppose to buy dec 1, with my deposit money of 537 and my rent is 509, im going to be short on money because of the neg fee. What should i do? Beacuse im about to go into the bank tmw and all hell is going to break loose
A random 1,000 dollar deposit in my bank account?
I just checked my online statement, and I see where there was a direct deposit for 1,000 dollars...I have no idea where it came from. What should I do? I'm serious, this is weird. I don't really want to call my bank, because, what if they see it is a mistake, and take it away?
Will bank "refund" my money if I was robbed at gunpoint and forced to empty my checking and savings accounts?
I wasn't robbed, but an in-law of mine was today (5/3/10). The following happened: 1) Robber confronted her at the car wash business she and her husband owned. 2) He showed her the gun and then hit her on the head with it. 3) He took the security camera recorder box 4) Forced her to drive to her bank and go through the drive-thru. 5) Made her withdraw all funds from her savings and checking accounts. 6) Took the money, credit cards, and I.D. 7) Told her if she reported it, he now knew where she lived and would come kill her and her family. 8) Then he left. She's probably in shock right now and will be traumatized. Her husband called the banks and credit card company to report the theft. They also called the police. My question is will their bank refund the funds that were withdrawn under gunpoint?
My credit card has been hacked! How can I get a refund of the money?
If a third party somehow gains access to your account and transacts business that you would not approve of, you must contact the bank and your local law enforcement authorities, who have jurisdiction over this type of wrongdoing.Whether or not you get your money back may depend upon whether you did anything that made your account vulnerable and where the hack happened.If the security breach happened on your bank's end, then they are liable. But if you got hacked because you accidentally posted your password on Facebook, you'll have a harder time getting your financial institution to reimburse you.If someone stole money out of your personal bank account, you'd likely be made whole by your bank if you had an individual (non-business) account, you weren't lax about safeguarding your information and you notified your bank promptly.
What should I do if someone accosts me in a secluded ATM and asks me to give up all my money? Is there any way to save my money without risking my life, and raising the alarm without the thief being suspicious?
If someone accosts you in a secluded area, and asks you to give them your money, give them what they want, and get out of the situation as fast as possible. If the person is truly only after the money, they will focus on the money and give you a chance to escape.In these cases, your goal is to stay safe, not to risk your life over a few hundred dollars. Most ATM's have transaction limits, so the thief is after a quick "grab and go" rather than a big score. They don't want to bring attention to themselves or cause too much trouble. It isn't worth it for them.Get away as fast as you can. Don't try to fight. And absolutely do not get into their car. Stay in the open and run as fast as you can towards public places. It's much better for the thief to be suspicious, than for you to be robbed, or in danger. So if you think someone is a thief, run. Cancel your transaction mid-stream, if you have to, and get out of there. Even if your ATM card is in the machine. You can always call the bank to cancel the card, once you are in the clear. Again, your goal is always safety, not holding onto your ATM card or money. Most ATMs have video cameras, so if they start to attack you, point at the camera to distract them, and run. Remain calm and confident. If you frequently go to unsafe areas, and know of people getting mugged in your area, have a decoy "muggers" wallet, with only a small amount of real money and outdated / old credit cards. If you are accosted, hand over the decoy wallet, to satisfy the thief, and get out of the situation quickly. The best way to stay safe, is to exercise preventative measures, and try not to be alone at a secluded ATM. Whenever possible:Go to the ATM during the day, preferably during relatively busy timesUse popular ATMs in well trafficked areas that you are familiar withIf you need an ATM at night, go to a grocery store, buy something small, and get cash backBring someone with you Be as fast and efficient as possibleDon't count your cash in publicDon't get a receipt to check your balance -- do it online or inside the bank branch insteadPut your cash and ATM card away immediatelyDon't listen to earphones, make a phone call, text, or look at your phoneRemain alert and mind your own business