Reversing Share of Cost Transaction

Friday, Oct. 21st 2011 6:57 AM

To reverse SOC transactions, providers enter the same information as for a clearance but specify that the entry is a reversal transaction.  After the SOC file is updated, providers receive confirmation that the reversal is completed.  Once a subscriber has been certified as having met the Share of Cost, reversal transactions can no longer be performed.  Reversals may only be performed for partial clearance prior to the time the subscriber is certified as eligible.

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Posted on Friday, Oct. 21st 2011 6:57 AM | by Share of Cost | in Share of Cost | No Comments »

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