{"id":9062,"date":"2024-11-11T15:00:35","date_gmt":"2024-11-11T21:00:35","guid":{"rendered":"https:\/\/tripinsurancestore.com\/blog\/?p=9062"},"modified":"2024-11-11T15:05:03","modified_gmt":"2024-11-11T21:05:03","slug":"what-does-proof-of-payment-mean-on-my-claim-form","status":"publish","type":"post","link":"https:\/\/tripinsurancestore.com\/blog\/what-does-proof-of-payment-mean-on-my-claim-form\/","title":{"rendered":"What Does “Proof of Payment” Mean on My Claim Form?"},"content":{"rendered":"
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What Does “Proof of Payment” Mean on My Claim Form?<\/strong><\/p>\n

Hi Steve, Thanks for the help you are giving with Max’s claim, very much appreciated. It’s been very difficult to say the least. Their strategy seems to be to make it as difficult as possible to avoid paying a claim. We put together very specific and detailed information for Max’s medical claim and it’s like they are finding other things they need to see just to delay it longer. Things like not accepting a payment confirmation receipt from a provider as proof of payment but making us go back and find the corresponding credit card charge on the statement, or asking the hospital to provide a “current” bill which hasn’t changed since they issued the original bill when Max was discharged back in April. All they should have to do is loop in the Hospital biller for confirmation that the balance is still outstanding and to confirm the amount. Scott<\/p><\/blockquote>\n

Hi Scott, Thanks for send me this regarding Max’s claim.<\/p>\n

I’m not the Insurance Company and I cannot predetermine claims. However, hopefully, I’ll be able to help you understand why they are asking for these items.<\/p>\n

Insurance companies are regulated by the States they do business in. Part of the many rules that they have to follow is how they process claims. When a company is asking for specific information, one reason they are doing this to meet their reporting requirements.<\/p>\n

Before God gave me the idea to start TripInsuranceStore.com<\/a>, I was a Certified Financial Planner with a lot more Securities and Insurance licenses.<\/p>\n

One day I was touring an insurance company I worked with and there were stacks of files everywhere in their admin area. They told me they were getting their multi-day annual audit of Disability and Health Insurance claims from their State’s Insurance Dept. The auditors picked out 350 claim files and for each claim they examine every document for this information:<\/p>\n