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 10 1/8 %, as fixed by the Secretary of the Treasury, is certified for the quarter ended March 31, 2013. This rate is based on the Interest Rates for Specific Legislation, “National Health Services Corps Scholarship Program (42 USC 250(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
Margie Yanchuk
(202) 205-7239
Updated: May 6, 2013
Chronological Listing of Rates:
Treasury Certification | HHS Application | Rate |
|---|---|---|
| January - March 2013 | April - June 2013 | 101/8 % |
| October - December 2012 | January - March 2013 | 105/8 % |
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 % |
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% |
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% |
Treasury Certification | HHS Application | Rate |
|---|---|---|
| October – December 2008 | January – March 2009 | 113/8% |
| January – March 2009 | April – June 2009 | 11% |
| April – June 2009 | July – September 2009 | 111/4% |
| July – September 2009 | October – December 2009 | 107/8% |
Treasury Certification | HHS Application | Rate |
|---|---|---|
| September - December 2007 | January – March 2008 | 121/8% |
| January - March 2008 | April - June 2008 | 113/8% |
| April - June 2008 | July - September 2008 | 111/8% |
| July - September 2008 | October - December 2008 | 113/8% |
Treasury Certification | HHS Application | Rate |
|---|---|---|
| October - December 2006 | January - March 2007 | 121/2% |
| January - March 2007 | April - June 2007 | 123/8% |
| April - June 2007 | June - September 2007 | 125/8% |
| June - September 2007 | September - December 2007 | 121/2% |
Treasury Certification | HHS Application | Rate |
|---|---|---|
| October - December 2005 | January - March 2006 | 117/8% |
| January - March 2006 | April - June 2006 | 121/8% |
| April - June 2006 | July - September 2006 | 125/8% |
| July - September 2006 | October - December 2006 | 123/8% |
Treasury Certification | HHS Application | Rate |
|---|---|---|
| October - December 2004 | January - March 2005 | 117/8% |
| January - March 2005 | April - June 2005 | 12% |
| April - June 2005 | July - September 2005 | 12% |
| July - September 2005 | October - December 2005 | 121/4% |
Treasury Certification | HHS Application | Rate |
|---|---|---|
| October - December 2003 | January - March 2004 | 12% |
| January - March 2004 | April - June 2004 | 117/8% |
| April - June 2004 | July - September 2004 | 113/4% |
| July-September 2004 | October - December 2004 | 12% |
Treasury Certification | HHS Application | Rate |
|---|---|---|
| October - December 2002 | January - March 2003 | 103/4% |
| January - March 2003 | April - June 2003 | 115/8% |
| April - June 2003 | July - September 2003 | 121/8% |
| July - September 2003 | October - December 2003 | 12% |
Treasury Certification | HHS Application | Rate |
|---|---|---|
| October - December 2001 | January - March 2002 | 125/8% |
| January - March 2002 | April - June 2002 | 113/4% |
| April - June 2002 | July - September 2002 | 125/8% |
| July - September 2002 | October - December 2002 | 111/4% |
Treasury Certification | HHS Application | Rate |
|---|---|---|
| October - December 2000 | January - March 2001 | 141/8% |
| January - March 2001 | April - June 2001 | 133/4% |
| April - June 2001 | July - September 2001 | 131/4% |
| July - September 2001 | October - December 2001 | 131/4% |
Treasury Certification | HHS Application | Rate |
|---|---|---|
| October - December 1999 | January - March 2000 | 131/2% |
| January - March 2000 | April - June 2000 | 133/4% |
| April - June 2000 | July - September 2000 | 137/8% |
| July - September 2000 | October - December 2000 | 137/8% |
Also see FY1989-1999 Interest on Overdue and Delinquent Debt