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State is overpaying for health care premiums

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An audit by the State Comptroller's office is indicating that the state overpaid for health care premiums during the 2014 - 2015 fiscal year. The audit showed that the State Department of Health overpaid managed care organizations by nearly $19 million, and nearly $60 million in overpayments are at risk over the next 3 years due to a flaw in the calculating formula. The audit also indicated that the state is missing out on millions in proposed reforms.

Multi-step changes in oversight have been recommended.

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