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Audit of Administrative Costs Claimed Under Part B of the Health Insurance for the Aged and Disabled Program

Issued on  | Posted on  | Report number: A-07-96-02001

Report Materials

EXECUTIVE SUMMARY:

The final audit of administrative costs totaling $58,837,734 determined that $4,244,570 was unallowable. Blue Cross Blue Shield claimed $4,244,570 in excess of approved budgets, of which $258,534 was also questioned for other reasons. This $258,534 was made up of excess executive compensation $141,554 and unallowable cafeteria costs $116,980. We are recommending the final administrative cost proposal be reduced by a total of $4,244,570.

Report Type
Audit
HHS Agencies
Centers for Medicare and Medicaid Services
Issue Areas
-
Target Groups
-
Financial Groups
-

Notice

This report may be subject to section 5274 of the National Defense Authorization Act Fiscal Year 2023, 117 Pub. L. 263.