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Audit (A-05-09-00097)

Review of Blue Cross Blue Shield Associationís Final Administrative Cost Proposal for Fiscal Year 2008

Executive Summary

Of the $4.4 million administrative costs that Blue Cross Blue Shield Associationís claimed on its Final Administrative Cost Proposal for fiscal year 2008, $4.3 million was allowable, allocable, and reasonable in accordance with the Federal Acquisition Regulation and the Medicare contract. The remaining $120,000 represents postretirement benefits that we did not review and that are the subject of a separate review.

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