N.J. Admin. Code § 10:49-8.4

Current through Register Vol. 56, No. 23, December 2, 2024

Section 10:49-8.4 - Claims payment by direct deposit (electronic funds transfer or EFT)

(a) Each provider or other entity receiving reimbursement from or through the Division, except those enrolled for a specified limited period of time pursuant to 10:49-3.5, will receive claims payment automatically as a direct deposit to the provider's or entity's checking account through electronic funds transfer (EFT). (However, the Division and its agent may temporarily use paper checks to provide reimbursement to new providers prior to confirmation of direct deposit information.) All providers and entities shall apply for EFT in order to receive payment.

1. To enroll in the EFT payment program, the provider must complete an EFT Enrollment Request/Authorization form. A voided check displaying the provider's account number must accompany the complete authorization form. The enrollment form must be signed by the provider or an authorized official such as the business manager, owner, or facility administrator. Any change to the EFT information (for example, a change of account number, ownership, or authorized official) requires the completion of a new EFT Enrollment Request/Authorization form. (For detailed instructions about enrollment in the EFT payment program, see the Fiscal Agent Billing Supplement following the second chapter of each Provider Services Manual.)

Amended by R.1997 d.354, effective 9/2/1997.
See: 29 N.J.R. 2512(a), 29 N.J.R. 3856(a).
Amended by R.2011 d.290, effective 12/5/2011 (operative January 1, 2012).
See: 43 N.J.R. 1129(a), 43 N.J.R. 3182(b).
Rewrote the introductory paragraph of (a).