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
- How smart investments prepare clients for inflation
- Amid slew of corporate tax ideas, Newsom chose one likely to hit people’s premiums
- The biggest risk to your clients’ financial plans isn’t market volatility
- Initiative looks at how caregiving impacts workplace benefits
- Will rising retirement needs spark an annuity boom?
More Advisor NewsAnnuity News
- Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
- Fortitude Re Completes $500 Million FABN Issuance
- Reframing retirement income for greater certainty
- Jackson Introduces Dow Jones Industrial Average Index Option, Flexible Premiums, Six-Year Rate Guarantee in Latest Registered Index-Linked Annuity Launch
- Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
More Annuity NewsHealth/Employee Benefits News
- Mark Farrah Associates Analyzed the 2025 Medicare Supplement Market
- 3 Million Seniors Lost Their Medicare Advantage Plan in 2026: 7 Moves to Make Before Your Coverage Lapses
- Local drop in ACA coverage among highest in state
- Agent groups speak out against congresswoman’s call to limit MA compensation
- A Brooklyn Health Clinic Offers a Safety Net For New Yorkers That May Lose Insurance
More Health/Employee Benefits NewsLife Insurance News
- Appeals court rejects investor payouts in latest decision against STOLI
- Why premium-financed IUL is failing
- AM Best Affirms Issue Credit Ratings of Weston2038 LLC’s Credit-Linked Notes
- Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
- Greg Lindberg moves to halt $1.65B restitution order, claims he ‘overpaid’
More Life Insurance News