May 23, 2013

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Reporter: Associated Press

Report: UW System Overpaid Health Premiums, Pensions

MADISON, Wis. (AP) -- A new report says the University of Wisconsin System overpaid health insurance premiums and pension contributions by nearly $33 million in 2011 and 2012.

The Legislative Audit Bureau released a report Thursday that found the system overpaid health premiums by $15.4 million from May 2011 through September 2012. The report found $8 million in overpayments went to premiums for 924 employees who had been fired during that span. The system had been able to recover only $228,000 as of October.

The report also found the system overpaid $17.5 million in retirement contributions in 2011. The state Department of Employee Trust Funds has credited the system for the overpayments.

The report says system officials failed to reconcile the amount of premiums collected with coverage and made manual mistakes calculating retirement contributions.


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Sample SAT Question

  • The Official SAT Question of the Day for Thursday, May 23

    Choose the word or set of words that, when inserted in the sentence, best fits the meaning of the sentence as a whole. 

    The ------- of drug-resistant strains of bacteria and viruses has ------- researchers’ hopes that permanent victories against many diseases have been achieved.

    1. click to choose answer A  vigor . . corroborated
    2. click to choose answer B  feebleness . . dashed
    3. click to choose answer C  proliferation . . blighted
    4. click to choose answer D  destruction . . disputed
    5. click to choose answer E  disappearance . . frustrated