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Department of Health and Human Services

Office of Inspector General -- AUDIT

"Report on the Independent Audit of Administrative Costs Incurred Under Parts A and B of the Health Insurance for the Aged and Disabled Program: Associated Insurance Companies, Inc.," (A-05-92-00026)

February 12, 1992


Complete Text of Report is available in PDF format (1.6 mb). Copies can also be obtained by contacting the Office of Public Affairs at 202-619-1343.

EXECUTIVE SUMMARY:

This report on Medicare (Parts A and B) administrative costs incurred by Associated Insurance Companies, Inc. (Associated) for the period October 1, 1984 through September 30, 1986 was prepared under an audit contract with the certified public accounting firm, Cotton and Company. This report discloses unallowable costs of and recommends financial adjustments totaling approximately $2.5 million.