medicare · Centers for Medicare and Medicaid Services · Rule · Published 2004-07-30 · Effective 2004-10-01 · 69 FR 45604
Document
Document number
04-17316
Federal Register citation
69 FR 45604
CFR reference
42 CFR 405
Type
Rule
Action
Final rule.
Category
medicare
Sub-agency
Centers for Medicare and Medicaid Services
Publication date
2004-07-30
Effective date
2004-10-01
HHS docket
CMS-6014-F
Abstract
This final rule changes the way we calculate interest on Medicare overpayments and underpayments to providers, suppliers, health maintenance organizations, competitive medical plans, and health care prepayment plans to be more reflective of current business practices. This change reduces the amount of interest assessed on overpayments and underpayments and simplifies the way the interest is calculated. This change in the way we calculate interest also applies to Medicare Secondary Payer debt.