Overpayments definition

Overpayments as used in this Section include payments (i) made by the System Agency that exceed the maximum allowable rates; (ii) that are not allowed under applicable laws, rules, or regulations; or (iii) that are otherwise inconsistent with this Contract, including any unapproved expenditures. Xxxxxxx understands and agrees that it will be liable to the System Agency for any costs disallowed pursuant to financial and compliance audit(s) of funds received under this Contract. Xxxxxxx further understands and agrees that reimbursement of such disallowed costs shall be paid by Grantee from funds which were not provided or otherwise made available to Grantee under this Contract.
Overpayments as used in this Section, include payments:
Overpayments has the meaning given to such term in Section 3.6(c) hereof.

Examples of Overpayments in a sentence

  • In addition to the return of overpayment correction method, in the case of plan benefits that are being distributed in the form of periodic payments, Overpayments as a result of amounts being paid in excess of the limits in § 415(b) may be corrected by using the adjustment of future payments correction method set forth in this paragraph (1)(a)(ii).

  • Practitioner shall make available to OIG all documentation that reflects the refund of the Overpayment(s) to the payor.

  • Reporting and Referring Overpayments A school’s required to report any unresolved overpayments to NSLDS within 30 days of learning of the overpayment.

  • Overpayments from previous award years If a student repays a Pell overpayment for a prior award year, the school must deposit the funds in its institutional federal funds or Pell account and report the decrease in the student’s award to RFMS.

  • Overpayments and Reversals If funds to which you are not entitled are deposited to your account by mistake or otherwise, we may deduct these funds from your account, even if this causes your account to become overdrawn.


More Definitions of Overpayments

Overpayments means payments made to or on behalf of a Participant that are determined by Plan Sponsor or BCBSNC to exceed the amount payable under the Dependent Care FSA.
Overpayments means a payment or payments greater in amount than actually due Provider under the Agreement or a payment or payments to which Provider was not entitled hereunder regardless of the reason and no matter how Blue Shield, Health Plan, or Provider learns of such error. Payments shall also include any payments to Provider for Provider Services provided during any period in which Provider failed to satisfy any Participation Criteria related to a Product.
Overpayments has the meaning set forth in Section 5.1.5.
Overpayments shall have the meaning specified in Section 4.10(a).
Overpayments means payments that exceed the amount payable under the Plan (for example, because of a provider billing error, retroactive or inaccurate eligibility information, coordination of Benefits, Medicare disputes, or missing information), and other overcharges made by providers, including hospitals discovered during the course of a hospital bill audit.
Overpayments. UNDERPAYMENTS: Any underpayments by us shall be made up immediately and any overpayments are first charged against future amounts payable.
Overpayments means Kid Care CHIP funds received by aparticipating insurance company as the result of fraud or abuse, as those terms are defined in Chapter 16 of the Medicaid rules.