News and Events
News and Announcements
December 16, 2011
Updated ERRP Program Guidance: Allocating Post-Point of Sale Negotiated Price Concessions to Individual Early Retirees Under the Early Retiree Reinsurance Program
CMS has updated the June 7, 2011 guidance entitled Allocating Post-Point of Sale Negotiated Price Concessions to Individual Early Retirees Under the Early Retiree Reinsurance Program, to clarify that plan sponsors should not take into account price concessions that are associated with any claims incurred after December 31, 2011. This is due to CMS' policy, announced earlier this month, that plan sponsors must not submit any claims to ERRP that are incurred after December 31, 2011.
Please reference this document on the Regulations and Guidance page.
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