Reserve Forces: Follow-up on the Ready Reserve Mobilization Income Insurance Program
NSIAD-97-203R
Published: Jul 18, 1997. Publicly Released: Jul 18, 1997.
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Highlights
Pursuant to a congressional request, GAO reviewed the Department of Defense's (DOD) Inspector General's (IG) report examining the Ready Reserve Mobilization Income Insurance Program, focusing on: (1) the need for such a program; (2) DOD's implementation of the program; (3) the program's actuarial soundness; and (4) the government's potential liability for insurance payouts to reservists who were activated for Bosnia and may claim that they were never provided an opportunity to enroll in the insurance program. GAO did not independently review the Ready Reserve Mobilization Income Insurance Program or meet with DOD officials to verify the accuracy of the IG's work.
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Actuarial tablesInsuranceInsurance lossesMarketingMilitary benefits claimsMilitary reserve personnelMobilizationInspectors generalInsurance ratesEducation benefits