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MSPRC & CMS Update Interest Rate

The MSPRC & CMS recently updated interest rates for failure to pay Medicare liens.  It is now 10.875% per annum.  Keep in mind that a 60-day grace period, plus an additional five days for MSPRC “mailing time,” is given prior to accrual of any interest.  After that 65 days, two months interest will be charged to the lien.  This interest is to be paid by the beneficiary – however, more often than not, it is the fault of the plaintiff attorney.

Please contact us for additional Medicare lien questions or assistance.

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About Ryan J. Weiner

Co-Founder of Lien Resolution Services, LLC, a national healthcare lien resolution firm. Our goal is to assist in the fair administration and resolution of healthcare liens on personal injury cases. Please visit our website for more information: www.lienresolutionusa.com.

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