Review of the Qualified Pension Plan at Blue Cross Blue Shield of Oklahoma, a Terminated Medicare Contractor, for the Period January 1, 1999, to February 29, 2008

Blue Cross Blue Shield of Oklahoma (Oklahoma), a division of Health Care Service Corporation, a Centers for Medicare & Medicaid Services (CMS) contractor, understated the Medicare segment pension assets by $1.6 million for the period January 1, 1999, through February 29, 2008. Oklahoma also overstated Medicare's share of the Medicare segment's excess pension liabilities by $971,000. Oklahoma administered Medicare Part A operations under cost reimbursement contracts with CMS until the contractual relationship was terminated February 29, 2008.