Please share this information with your employees in the event they have any questions or if they need information to answer inquiries from customers or others. Information about the Triennial Audit of Blue Cross Blue Shield of Michigan 1. Yes, there is an audit under way by the state of Michigan. The timetable for the audit was accelerated somewhat this year after we met with the state to express concerns about trends in medical costs in our small group pool. The audit report has not been released, so we can't comment on findings.
News stories say the state is looking at executive salaries.
The statement recognizes that we are a large and highly complex organization and we must maintain our ability to attract, motivate and retain executives by providing competitive compensation processes. We can report that we continue to move forward to address the challenges in our environment. Here's a recent success story. We're proud to announce that our Blue Preferred Plus PPO product for our auto business just became one of the first PPO plans in the United States to earn accreditation from the National Committee for Quality Assurance, a leader in assessing, measuring and reporting on the quality of care provided by health plans. This is a tremendous honor for us and further demonstrates our commitment to delivering quality health care to our members.