BRADENTON, Fla. — Alabama received $88.2 million more in bonuses for its Children's Health Insurance Program than allowed under the program, according to the office of inspector general for the U.S. Department of Health and Human Services.

The program in question allowed qualifying states to receive performance bonus payments from the federal Centers for Medicare & Medicaid Services. CMS was responsible for determining if states met the requirements to receive a bonus from fiscal 2009 through 2013 to offset the cost of increasing the number of children enrolled in Medicaid.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.