FALLS CHURCH, Va., June 21, 2019 /PRNewswire/ -- General Dynamics
Information Technology (GDIT) announced today it will continue
supporting the Centers for Medicare and Medicaid Services (CMS)
through their Benefits Coordination & Recovery Center (BCRC)
contract. The single-award contract holds a total estimated value
of $276.5 million. It includes a
one-year base period with four one-year options.
"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 Kamal
Narang, head of GDIT's Health Sector.
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 $8.5 billion in
2017 by properly coordinating benefits prior to payment and
recovering funds on a post-payment basis. This was achieved through
the collective efforts of CMS and COB&R contractors.
For more information about General Dynamics Information
Technology, a business unit of General Dynamics (NYSE: GD), please
visit www.gdit.com.
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SOURCE General Dynamics Information Technology