Blogs - Practical Benefits Lawyer

Transitional Reinsurance Submission Due by November 16

October 20, 2015
For the Affordable Care Act?ÇÖs 2015 Transitional Reinsurance Program (the ?Ç£Program?Ç¥), the Centers for Medicare and Medicaid Services recently released the ?Ç£Annual Enrollment and Contributions Submission Form Manual?Ç¥ (the ?Ç£Manual?Ç¥). The Manual describes the steps a Contributing Entity (or a third party on behalf of a Contributing Entity) must follow to submit the required forms and make the payments required under the Program. Annual enrollment counts and other required information (including supporting documentation, if applicable) must be submitted on the prescribed form by Monday, November 16, 2015. The Transitional Reinsurance Fee, which is equal to $44 per covered life, is due either (1) in a single payment made on or before January 15, 2016, or (2) in two installments due by January 15, 2016 and November 15, 2016, respectively. The Manual is available?áhere.
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