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Audit of Termination and Severance Costs - Medicare Part A and Part B - Aetna Life Insurance Company

Issued on  | Posted on  | Report number: A-01-98-00509

Report Materials

EXECUTIVE SUMMARY:

The Aetna Life Insurance Company terminated its Medicare Parts A and B contracts as of September 30, 1997. This final audit report points out that Aetna claimed unallowable costs per Medicare program regulations totaling approximately $1 million in association with the closing of these contracts. We recommended financial adjustments which the Health Care Financing Administration used in negotiating a final settlement with Aetna.

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

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