Which of the following is true regarding the beneficiary's rights related to overpayments?

The assertion that a waiver can be granted if recovery causes financial hardship is accurate because it reflects the policies and regulations that govern beneficiary rights when dealing with overpayments in health insurance. Specifically, if an insurance carrier identifies that an overpayment has been made, the beneficiary may be required to repay the amount. However, in cases where repayment would lead to significant financial distress for the individual, they can appeal for a waiver of recovery. This consideration is especially relevant in situations of fixed or low income where paying back the overpayment would be detrimental to their economic well-being.

The process usually involves demonstrating that repaying the overpayment would impose an undue burden and could result in hardship. Regulatory bodies, including Medicare, have provisions in place for waivers in such circumstances, intending to protect beneficiaries from financial duress.

In contrast, the other statements lack accuracy regarding the nuances of beneficiary rights. The idea that a beneficiary is always liable for repayment does not take into account the established policies for hardship waivers. Suggesting that beneficiaries can never receive a waiver of recovery overlooks the specific circumstances under which a waiver can be granted. Finally, the notion that overpayments are only discovered after three years is misleading, as overpayments can be identified at any time, not limited to