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Palmetto GBA, LLC, Applied the Senior Executive Compensation Benchmark in Accordance With Federal Regulations

Palmetto GBA, LLC, applied the senior executive compensation benchmark in accordance with Federal requirements. Our application of the existing benchmark to all employees resulted in no additional cost savings. However, applying a benchmark equaling the salaries of the President ($400,000) and Vice President ($230,700) of the United States to all employees would have resulted in cost savings for 1 year of up to $2.2 million.

Filed under: Center for Medicare and Medicaid Services