Review of the Qualified Pension Plan at Mutual of Omaha Insurance Company, a Terminated Medicare Contractor, for the Period January 1, 1992, to January 1, 2008

Mutual of Omaha Insurance Company (Mutual), a Centers for Medicare & Medicaid Services (CMS) contractor, understated the Medicare segment pension assets by $4.6 million for the period January 1, 1992, through January 1, 2008. We determined Medicare's share of the Medicare segment's excess pension liabilities to be $816,000. Mutual administered Medicare Part A operations under cost reimbursement contracts with CMS until the contractual relationship was terminated November 5, 2007.