AB 676: Medi-Cal: unrecovered payments: interest rate.

This bill aims to amend Medi-Cal regulations to provide more leniency for providers who have been overpaid by the state. The bill would waive interest on unrecovered overpayments if the latest date of service for a retroactive payment adjustment occurred 4 or more years before the department issued a statement of account status or demand for repayment. To qualify for this waiver, the department must consider factors such as the impact of repayment amounts on the provider's fiscal solvency and whether the overpayment was caused by a policy change or departmental error. The bill would also allow the department to implement these provisions through information notices or letters without taking regulatory action.