With the $5 billion funding limit under the Early Retiree Reinsurance Program (ERRP) fast approaching, the Centers for Medicare & Medicaid Services (CMS) announced this week that claims incurred after December 31, 2011 will not be accepted for reimbursement. CMS will continue to accept ERRP reimbursement …
Additional ERRP Funding Proposed
June 13, 2011 Leave a Comment
As HHS announced in April, it stopped accepting new applications to participate in the Early Retiree Reinsurance Program (ERRP) on May 6 due to the limited availability of funding. Last month, HHS issued a Reimbursement Update that stated that over $2.4 billion in reimbursements had been paid to approved plan …
ERRP Will No Longer Accept New Applications
April 7, 2011 Leave a Comment
As previously discussed, since June 29, 2010, the Department of Health and Human Services (HHS) has been accepting applications for plan certification under the Early Retiree Reinsurance Program (ERRP). However, last week, HHS announced that it will no longer accept new ERRP applications from plan sponsors after …
ERRP Annual Report Issued
March 14, 2011 2 Comments
On March 2, the Department of Health & Human Services released an annual report summarizing information about the Early Retiree Reinsurance Program (ERRP) in 2010. Here are some key statistics from the report: As of December 31, 2010, over 5,000 plan sponsors were approved for participation in the …
Revised ERRP Application Forms
November 15, 2010 Leave a Comment
On November 2, HHS published a revised application for the Early Retiree Reinsurance Program (ERRP), along with revised instructions for completing the application and a revised “Dos and Don’ts” document for completing and submitting the revised application. Plan sponsors that submitted an application prior …
Additional Early Retiree Applications Approved
October 21, 2010 Leave a Comment
Earlier this month, HHS announced the approval of an additional 1,000 employers and unions whose medical plans have been certified to participate in the Early Retiree Reinsurance Program. As we mentioned in our September 2 post, HHS announced the first round of nearly 2,000 approvals in August. Going forward, the …