Overpayment definition

Overpayment means payment in excess of the required fee. Overpayment of less than $10 received by the board shall not be refunded.

Overpayment means any payment or benefit to the Contractor in excess of that to which the Contractor is entitled by law, rule, or this Contract, including amounts in dispute.

Overpayment means any amount already paid that exceeds the figure determined to be the correct amount of the tax.

Examples of Overpayment in a sentence

• If a Full Sample is performed, the methodology used by the IRO to estimate the actual Overpayment in the Population and the amount of such Overpayment.

• Total dollar amount of Paid Claims included in the Discovery Sample and the Full Sample and the net Overpayment associated with the Discovery Sample and the Full Sample.

• Rather, only underpayments identified as part of the Discovery Sample shall be included as part of the net Overpayment calculation.) The Error Rate is calculated by dividing the net Overpayment identified in the sample by the total dollar amount associated with the Paid Claims in the sample.

• The findings of the Full Sample shall be used by the IRO to estimate the actual Overpayment in the Population with a 90% confidence level and with a maximum relative precision of 25% of the point estimate.

• Notwithstanding the above, notification and repayment of any Overpayment amount that routinely is reconciled or adjusted pursuant to policies and procedures established by the payor should be handled in accordance with such policies and procedures.

More Definitions of Overpayment

Overpayment means any cash or leave (balance, usage or accruals) that has been overpaid or overcredited to an employee regardless of the reason, including but not limited to, administrative, clerical or system errors.

Overpayment means any payment or portion of a payment made to a provider that is incorrect according to the laws and rules applicable to the Medicaid program and that results in a payment greater than that to which the provider is entitled.

Overpayment means any benefit or payment received in an amount greater than the amount the client or provider is entitled to receive.

Overpayment has the meaning assigned thereto in Section 9 hereof.

Overpayment means the difference between the amount of assistance to which an individual is entitled under this act and the amount of assistance actually received by that individual.

Overpayment. ’ means any payment by a lessee or its designee in excess of an amount legally required to be paid on an obligation and includes the portion of any estimated pay- ment for a production month that is in excess of the royalties due for that month;

Overpayment means a payment made by the Authority to a provider in excess of the correct Authority payment amount for a service. Overpayments are subject to repayment to the Authority.