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.
Action Details
- Date:September 3, 2020
- Agency:U.S. Attorney's Office, Eastern District of Pennsylvania
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Enforcement Types:
- Criminal and Civil Actions