Early Retiree Reinsurance Program Ending

The Centers for Medicare and Medicaid Services (CMS) announced that, based on the funding available for the Early Retiree Reinsurance Program (ERRP), CMS will be denying any request for reimbursement for claims incurred after December 31, 2011. The ERRP was established by the health care reform law to reimburse plan sponsors for a portion of the cost of providing health coverage to early retirees. This announcement is available here.