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Interest Rates on Overdue and Delinquent Debts

4150-04 Notice of Interest Rate on Overdue Debts

Section 30.18 of the Department of Health and Human Services' claims collection regulations (45 CFR Part 30) provides that the Secretary shall charge an annual rate of interest, which is determined and fixed by the Secretary of the Treasury after considering private consumer rates of interest on the date that the Department of Health and Human Services becomes entitled to recovery. The rate cannot be lower than the Department of Treasury's current value of funds rate or the applicable rate determined from the "Schedule of Certified Interest Rates with Range of Maturities" unless the Secretary waives interest in whole or part, or a different rate is prescribed by statute, contract, or repayment agreement. The Secretary of the Treasury may revise this rate quarterly. The Department of Health and Human Services publishes this rate in the Federal Register.

The current rate of 9 5/8%, as fixed by the Secretary of the Treasury, is certified for the quarter ended September 30, 2016. This rate is based on the Interest Rates for Specific Legislation, “National Health Services Corps Scholarship Program (42 USC 254o(b)(1)(A))” and “National Research Service Award Program (42 USC 288(c)(4)(B)).”  This interest rate will be applied to overdue debt until the Department of Health and Human Services publishes a revision.

Director, Office of Financial Policy and Reporting
David C. Horn
(202) 260-9658
Updated: October 11, 2016

Chronological Listing of Rates:

On this page: FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010

FY 2016

Treasury Certification HHS Application Rate
July – September 2016 October – December 2016 9 5/8%
April - June 2016 July - September 2016 9 5/8%
January - March 2016 April - June 2016 10.0%
October - December 2015 January – March 2016 93/4%

FY 2015

Treasury Certification HHS Application Rate
July – September 2015 October – December 2015 10.0%
April - June 2015 July – September 2015 93/4%
January - March 2015 April – June 2015 97/8%
October - December 2014 January – March 2015 101/2%

FY 2014

Treasury Certification HHS Application Rate
July – September 2014 October – December 2014 103/4%
April – June 2014 July – September 2014 95/8%
January - March 2014 April – June 2014 101/8%
October - December 2013 January – March 2014 101/8%

FY 2013

Treasury Certification HHS Application Rate
July – September 2013 October – December 2013 101/8%
April – June 2013 July – September 2013 103/8%
January – March 2013 April – June 2013 101/8%
October - December 2012 January - March 2013 105/8%

FY 2012

Treasury Certification HHS Application Rate
July – September 2012 October – December 2012 103/8%
April – June 2012 July – September 2012 11%
January – March 2012 April – June 2012 107/8%
October – December 2011 January – March 2012 101/2%

FY 2011

Treasury Certification HHS Application Rate
July – September 2011 October – December 2011 107/8%
April – June 2011 July – September 2011 111/2%
January - March 2011 April – June 2011 11%
October - December 2010 January – March 2011  11%

FY 2010

Treasury Certification HHS Application Rate
October - December 2009 January – March 2010  111/4%
January - March 2010 April – June 2010 107/8%
April - June 2010 July – September 2010  11%
July - September 2010 October - December 2010 10 3/4%

 

Also see Archive of Interest on Overdue & Delinquent Debt.

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Content created by Office of Finance (OF)
Content last reviewed on October 12, 2016