The Centers for Medicare & Medicaid Services (CMS) advise Medicare Administrative Contractors (MACs) of an interest rate for Medicare overpayments and underpayments set by the U.S. Department of the Treasury, effective January 19, of 9.50 percent. CMS does not classify the interest rate change as a change to the MAC Statement of Work.
Subject: Notice of New Interest Rate for Medicare Overpayments and Underpayments -2nd Qtr Notification for FY 2017
Title: Change Request 9978
Release Date: Jan. 11, 2017
Effective Date: Jan. 19, 2017
Implementation Date: Jan. 19, 2017
Special Notes: N/A