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Recommendation Details
Text of Recommendation
We recommend that OPM implement procedures to collect and verify the submission of the carrier's AAS for FEDVIP operations in a timely manner, thereby allowing OPM's Office of Actuaries and Program Office the necessary time to assess the carrier's prior year financial results before approving its premium rates.
Recommendation Number
2
Recommendation Status
Closed
Significant Recommendation
Yes
Recommendation Questioned Costs
$0
Recommendation Funds for Better Use
$0