Notice of New Interest Rate for Medicare Overpayments and Underpayments -1st qtr Notfication for FY 2013
Medicare Regulation 42 CFR Section 405.378 provides for the charging and payment of interest on overpayments and underpayments to Medicare providers. The Secretary of Treasury certifies an interest rate quarterly. Treasury utilizes the most comprehensive data available on consumer interest rates to determine the certified rate. Interest is assessed on delinquent debts in order to protect the Medicare Trust Funds. The attached Recurring Update Notification applies to Chapter 3, Section 10
Issued by: Centers for Medicare & Medicaid Services (CMS)
Issue Date: October 11, 2012
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