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Wisconsin Physicians Service Insurance Corporation Understated Medicare's Share of the Medicare Segment Excess Pension Assets

Issued on  | Posted on  | Report number: A-07-17-00529

Report Materials

Wisconsin Physicians Service Insurance Corporation understated Medicare's share of the surplus of Medicare segment pension assets by $17.7 million.

18-A-07-103.01 to CMS - Closed Implemented
Closed on 08/20/2018
We recommend that WPS increase Medicare's share of Medicare segment excess pension assets as of 12/31/2013 by $17,732,694 and recognize $13,807,170 as Medicare's share of the pension results as a result of the benefit curtailment.

View in Recommendation Tracker
Report Type
Audit
HHS Agencies
Centers for Medicare and Medicaid Services
Issue Areas
Contracts Financial Stewardship
Target Groups
-
Financial Groups
Medicare A Medicare B

Notice

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