General Dynamics Awarded CMS Benefits Coordination & Recovery Center Contract
"We are excited to continue our work with CMS and provide innovative ways to safeguard the Medicare trust fund for future generations," said Vice President
GDIT has supported CMS's Coordination of Benefits & Recovery (COB&R) programs since 1991. The BCRC is responsible for all activities that support the collection, management and reporting of other insurance coverage for Medicare beneficiaries. The BCRC also oversees the collection of conditional payments or mistaken primary payments.
Through this contract, GDIT will continue providing customer support services to Medicare beneficiaries and other stakeholders, as well as mail room services, digital imaging, debt determination and collection, electronic data interchange (EDI) support and other special projects.
Medicare is a nationwide, federal health insurance program enacted in 1965 for persons 65 years of age or older and certain younger disabled persons. The Medicare trust fund finances health services for these beneficiaries through payroll taxes, general tax revenue and the premiums paid by enrollees.
A report by CMS's Chief Financial Officer found the Medicare trust fund saved over
For more information about General Dynamics Information Technology, a business unit of
View original content to download multimedia:http://www.prnewswire.com/news-releases/general-dynamics-awarded-cms-benefits-coordination--recovery-center-contract-300872528.html
SOURCE General Dynamics Information Technology




AM Best Upgrades Issuer Credit Rating of Orient Insurance PJSC and Assigns Credit Ratings to Orient Takaful Insurance Company (S.A.E.)
New owner approved for SD nursing homes in receivership
Advisor News
- Advisors must lead the policy risk conversation
- Gen X more anxious than baby boomers about retirement
- Taxing trend: How the OBBBA is breaking the standard deduction reliance
- 6 in 10 Americans struggle with financial decisions
- New Trump administration rule seeks to bail out private equity, credit with workers’ 401(k) savings
More Advisor NewsAnnuity News
- ‘I get confused:’ Regulators ponder increasing illustration complexities
- Three ways the Corebridge/Equitable merger could shake up the annuity market
- Corebridge, Equitable merge to create potential new annuity sales king
- LIMRA: Final retail annuity sales total $464.1 billion in 2025
- How annuities can enhance retirement income for post-pension clients
More Annuity NewsHealth/Employee Benefits News
- Garson to run for NC Senate District 23 seat
- New York lawmakers introduce bills aimed at maintaining vaccine access, updating state oversight
- DESPITE POSTPARTUM MEDICAID COVERAGE GAINS FOR BLACK WOMEN, SIGNIFICANT EQUITY GAPS PERSIST
- LEVERAGING EXISTING INFRASTRUCTURE AND PARTNERSHIPS TO IMPROVE CHILD HEALTH OUTCOMES
- Congress, end the "prior authorization" health-care scam
More Health/Employee Benefits NewsLife Insurance News
- From marathons to mountaineering: Ranking which sports and hobbies affect life insurance the most
- AMERICA'S CREDIT UNIONS HIRES VETERAN WASHINGTON ADVOCATE TO LEAD POLICY STRATEGY
- Society of Actuaries announces Clar Rosso as next CEO
- AM Best Affirms Credit Ratings of Fidelity & Guaranty Life Holdings, Inc. and Its Life/Health Subsidiaries
- Hawai'i's Top Employers Profiles 2026
More Life Insurance News