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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.

Copies can also be obtained by contacting the Office of Public Affairs at Public.Affairs@oig.hhs.gov.

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Office of Inspector General, U.S. Department of Health and Human Services | 330 Independence Avenue, SW, Washington, DC 20201