In accordance
with Federal Law, Providers who received payments for Early Intervention
Services in the 2015 calendar year should expect to receive a number of 1099
forms as noted below. Those forms were mailed to Providers on or before
February 1, 2016.
Providers will receive a 1099 from New York State Department of
Health via the State Fiscal Agent (SFA), for amounts from the State Escrow
account in 2015 (*see details below),
a 1099 from Medicaid, and a 1099 from each insurance company (**see details below).
The Department and the SFA have informed insurance companies and
Medicaid that they need to create a 1099 for billing Providers. During the 1099
creation process, there are procedures in place that help validate the accuracy
of Provider information on 1099s such as Provider Name and Tax Identification
Number (TIN) with the IRS. During the 1099 creation process, if there are any
errors that prevent a 1099 from being issued to a Provider, the Provider will
immediately be contacted by the SFA to verify and resolve any data
discrepancies.
*The SFA will not issue a
1099 to a Provider that received less than $600 in payments from the State
Escrow account during the 2015 calendar year.
**A Provider may not
automatically receive a 1099 from an insurance company where that Provider
billed less than $600 during the 2015 calendar year. If a Provider wishes to
obtain a 1099 from an insurance company for payments of less than $600 in the
2015 calendar year, they can do so by contacting the insurer directly.
Article ID: 309, Created On: 2/3/2016, Modified: 2/3/2016