Pennsylvania Medicare Advantage Plan Provider Agrees to Pay $2.25M to Resolve Allegations of Inflated Plan Bids
PHILADELPHIA - United States Attorney William M. McSwain announced that Keystone Health Plan East, Inc. and QCC Insurance Company, Inc. (collectively referred to as "KHPE/QCC"), on behalf of parent company Independence Blue Cross, LLC ("IBC"), operator of Medicare Advantage plans, have agreed to pay a total of $2,250,000 plus interest to resolve False Claims Act allegations of incorrectly calculating anticipated plan costs, resulting in inflated Medicare Advantage plan bids to the Centers for Medicare and Medicaid Services.
- Date:September 3, 2020
- Agency:U.S. Attorney's Office, Eastern District of Pennsylvania
- Criminal and Civil Actions