Audit of Administrative Costs Claimed Under Part A of The Health Insurance for Aged and Disabled Program by CareFirst of Maryland, Inc. for the Period October 1, 1995 through September 30, 1999

EXECUTIVE SUMMARY:

This audit report, prepared by the certified public accounting firm of Carmichael, Brasher, Tuvell & company, presents the results of a review of Part A administrative costs claimed by CareFirst of Maryland, Inc. for the period October 1, 1995 through September 30, 1999 (Fiscal Years (FYs) 1996-1999).   The auditors questioned $225,302 of $32,105,337 claimed because the costs were either unallowable, excessive, or unsupported or applicable credits to the program were understated.