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CMS Transmittals Roundup
  • Interest Rates For Overpayments and Underpayments
  • Lacy Gaskins
Interest Rates For Overpayments and Underpayments

The Centers for Medicare & Medicaid Services (CMS) requests that Medicare Administrative Contractors (MACs) use information from Medicare Regulation 42 CFR Section 405.378 regarding interest rates for overpayments and underpayments to Medicare providers. Interest rates are based on quarterly assessments by the Secretary of Treasury. Contractors shall implement an interest rate of 10.00 percent effective April 18, 2017 for Medicare overpayments and underpayments.

 Full Transmittal: https://www.cms.gov/Regulations-and-Guidance/Guidance/Transmittals/2017Downloads/R282FM.pdf

Subject: Notice of New Interest Rate for Medicare Overpayments and Underpayments -3rd Qtr Notification for FY 2017

Number: 282

Title: 10099

Release Date: April 11, 2017

Effective Date: April 18, 2017

Implementation Date: April 18, 2017

Special Notes: N/A

 

 

  • Lacy Gaskins

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