General Category > General Questions

check made out to wrong person

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Anne:
this is actually a tax/banking question, but if an insurance reimbursement check is made out to an individual provider instead of the group, can the ck be signed over by the provider to the group?  Would the individual pay the taxes on it?

Michele:
You should call the carrier and ask how the claim was processed.  If it was done under the individual's ss# then the provider will receive a 1099 from the insurance and be responsible for the taxes.

Michele

PMRNC:
No matter what the situation, if the pay to the order of field is wrong I sent it back with documentation and request them to re-do it, if I need to I will submit a W9 copy to them as well. I'd just rather have all my ducks in a row.

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