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Palmetto Government Benefits Administrator, LLC, and TrailBlazer Health Enterprises, LLC, Understated Their Medicare Segments' Pension Assets as of January 1, 2005

Palmetto Government Benefits Administrator, LLC, understated its Medicare segment pension assets by $2.2 million and TrailBlazer Health Enterprises, LLC, understated its Medicare segment pension assets by $180,000 as of January 1, 2005. Both Palmetto and TrailBlazer were subsidiaries of Blue Cross Blue Shield of South Carolina during our audit period.

Filed under: Center for Medicare and Medicaid Services