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Review of Pension Costs Claimed for Medicare Reimbursement by Noridian Mutual Insurance Company for Fiscal Years 1999 Through 2005

Filed under: Center for Medicare and Medicaid Services

Noridian Mutual Insurance Company (Noridian), a Centers for Medicare & Medicaid Services (CMS) contractor, underclaimed $39,000 of allowable pension costs. During our audit period, Noridian administered Medicare Part A and Part B operations under a cost reimbursement contract with CMS. We recommended that Noridian revise its Final Administrative Cost Proposals to claim allowable CAS pension costs of $39,000 for FYs 1999 through 2005. We also recommended that Noridian claim future pension costs in accordance with Federal requirements and the Medicare contracts. Noridian concurred with our recommendations.

Filed under: Center for Medicare and Medicaid Services