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Audit (A-07-07-00240)

10-02-2008
Review of Pension Costs Claimed for Medicare Reimbursement by Nationwide Mutual Insurance Company for Fiscal Years 1987 Through 2002

Executive Summary

Nationwide Mutual Insurance Company (Nationwide), a Centers for Medicare & Medicaid Services (CMS) contractor, claimed $415,000 of unallowable Medicare pension costs for fiscal years 1987 through 2002. Nationwide administered Medicare Part B operations under a cost reimbursement contract with CMS until the contractual relationship was terminated June 30, 2002.

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