2007-02-27 08:18:38 · 6 answers · asked by stewart r 1 in Business & Finance ➔ Insurance
An Insurance company billed our company for the first time 2 years after a final workman's comp audit. We were changing insurance companies at the time.
If there were a premium adjustment, shouldn't they have notified us back then?
2007-02-27 09:14:11 · update #1
the audit was done on 6/28/04 with a copy being sent to us. No statement was sent til now. the state is Illinois.
2007-02-28 04:18:12 · update #2
Yes!
2007-03-05 10:24:25 · answer #1 · answered by Anonymous · 3⤊ 0⤋
Some states (such as mine) limit the time an insurer has to notify you of a billing discrepancy. Call your state Workers' Compensation Commission (or state Department of Insurance if your WCC isn't a separate agency) and ask what the laws are within your state.
2007-02-27 17:21:01 · answer #2 · answered by Suzanne: YPA 7 · 1⤊ 0⤋
It's an audit, not a billing discrepancy. You were undercharged and based on the audit you owe the company more money for what they were insuring you for.
You owe them the money and audits can take a long time to complete.
2007-02-28 10:32:46 · answer #3 · answered by blb 5 · 0⤊ 0⤋
What state do you live in?
2007-02-27 16:34:28 · answer #4 · answered by vixenofe 2 · 0⤊ 0⤋
OF COURSE THEY CAN...
IF YOU MADE A PURCHASE...OR CREATE A DEBT...
2007-02-27 16:22:06 · answer #5 · answered by cork 7 · 0⤊ 0⤋
absolutely!
2007-02-27 16:50:24 · answer #6 · answered by Anonymous 7 · 0⤊ 1⤋