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Department of Health and Human Services

Office of Inspector General -- AUDIT

"Audit of Unfunded Pension Costs of Blue Cross and Blue Shield of Texas, Inc.," (A-07-92-00578)

October 28, 1992


Complete Text of Report is available in PDF format (1.26 MB). Copies can also be obtained by contacting the Office of Public Affairs at 202-619-1343.

EXECUTIVE SUMMARY:

This final audit report presents the results of our review of the unfunded pension costs of Blue Cross and Blue Shield of Texas, Inc. Our review showed that as of April 1, 1991, Blue Cross and Blue Shield of Texas, Inc. had accumulated $6.2 million in pension costs that are unallowable for Medicare reimbursement.