Relating to the assessment of interest on overpayments by the Bureau for Medical Services

HB 2159 requires the Bureau for Medical Services (BMS) to charge interest on overpayments made in its medical programs, starting 30 days after the overpayment is confirmed. Overpayments occur when more is paid than allowed for covered services or goods. Interest accrues annually at the rate set for state debts under existing law, calculated on the unpaid balance until resolved. All collected interest is retained by the original funding source, not the general state treasury.