Audit: Insurer Overcharged Govt Millions for Afghan Plan

Thursday, 28 Jul 2011 01:23 PM

 

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink

HELENA, Mont. — An audit has found numerous problems with the workers compensation insurance program for contractors and subcontractors working for the U.S. government in Afghanistan.

The Special Inspector General for Afghanistan Reconstruction found that lax governmental oversight led to Continental Insurance Co. charging $9.9 million more in premiums than it should have, and concluded that the government could be owed as much as $58.5 million.

An officer with the Montana National Guard raised the alarm about the program in an October letter to U.S. Sen. Jon Tester.

The audit, released Thursday, suggests the program's problems may warrant dumping the private insurer and allowing the government to self-insure its contractors.

The Defense Base Act of 1941 requires federal government contractors and subcontractors to provide workers' compensation insurance for their employees who work overseas.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Franken Opposes Obama Treasury Nominee

Sunday, 28 Dec 2014 22:56 PM

Democrat Sen. Al Franken is urging supporters to join him in opposing President Barack Obama's nominee for Treasury Depa . . .

Grand Ole Opry's Little Jimmy Dickens Hospitalized

Sunday, 28 Dec 2014 22:36 PM

Grand Ole Opry legend Little Jimmy Dickens has been hospitalized with an undisclosed illness. Jessie Schmidt, a publicis . . .

'Possible Discharge' May Come Soon for George HW Bush

Sunday, 28 Dec 2014 20:53 PM

A spokesman for George H.W. Bush says that the former president will remain in a Houston hospital for now but that news  . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved