Avoid Backup Withholding!
Each year, HP Administrative Services, LLC (HP), the health and dental claims administrator for HealthChoice, sends 1099 forms to all providers who had claims paid by the Plan. These forms are prepared using identification information submitted by providers on Form W-9. This information must match the information on file with the IRS. When records do not match as required by the IRS, HP must apply 28% backup withholding to future claim payments.
Each October, HP sends letters requesting updated W-9 forms from providers whose information is not current. If you are asked to update your Form W-9, please make certain that the following information matches IRS records:
- Corporate Name
- Tax Identification Number (TIN)
Your TIN must match the number listed on your Form SS4.
We hope this reminder will help you avoid backup withholding. If you have questions or need further information, please contact HP Administrative Services, LLC at 1-405-416-1800 or toll-free 1-800-782-5218. TDD users call 1-405-416-1525 or toll-free 1-800-941-2160.