Under the Affordable Care Act, employers that provide a self-funded group health plan (as well as health insurance issuers for fully-insured plans) must fund a traditional reinsurance program. The fees will be used to help stabilize premiums for coverage in the individual market for the first three years of the Exchange operation (2014 – 2016). […]Continue Reading →
Posts Tagged 'HHS'
Under the Affordable Care Act, health insurance issuers and self-funded group health plans are required to fund a transitional reinsurance program. As a first step in that program, contributing entities must submit their 2014 enrollment counts. On December 5th, 2014, HHS announced that the submission deadline would be delayed once again. The new deadline is 11:59 p.m. […]Continue Reading →
Under the Affordable Care Act (ACA), certain health plans must comply with cost-sharing limits with respect to their coverage of essential health benefits. These limits include an overall annual limit (or an out-of-pocket maximum) and an annual deductible limit. Recently, the Department of Health and Human Services (HHS) released a final rule that clarifies which plans […]Continue Reading →
As implementation of the Affordable Care Act (ACA) moves forward, companies are seeking to understand how it will affect their business. Recently, attention has been given to the financial impact from risk-spreading programs within ACA. The transitional reinsurance program is intended to help stabilize premiums for coverage in the individual market from 2014 through 2016. […]Continue Reading →