Blue Cross Blue Shield of Georgia Overstated Its Medicare Segment Pension Assets and Understated Medicare's Share of the Excess Liabilities as of May 31, 2009
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Blue Cross Blue Shield of Georgia (BCBSGA), a terminated Medicare contractor, overstated the Medicare segment pension assets as of May 31, 2009, by $13,000. In addition, BCBSGA understated Medicare's share of excess pension liabilities by $9,000 as a result of the segment closing adjustment on May 31, 2009.
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