On September 30, 2020, the U.S. Senate approved a continuing resolution (CR) that would delay the recoupment of Medicare Accelerated and Advanced Payments, according to CMS. Details of the plan include the delay of recoupment for one full year. The actual recoupment schedule would be stretched over 29 months. Recoupment for each claim would be 25% for the first 11 months, then 50% for the following six months. The interest rate would also change from 10.25% to 4%.
For more information, visit: https://go.cms.gov/3ipRkzh.