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Recommendation Details
Text of Recommendation
We recommend that the contracting officer require the applicable BCBS plans to return $3,242,641 to the FEHBP for the questioned excess working capital deposits ($1,877,171 by Independence BC and $1,365,470 by BCBS of Wyoming). However, since we verified that Independence BC and BCBS of Wyoming returned $3,242,641 to the FEHBP for these excess deposits, no further action is required for this questioned amount.
Recommendation Number
1
Recommendation Status
Closed
Significant Recommendation
Yes
Recommendation Questioned Costs
$3,242,641
Recommendation Funds for Better Use
$0