The Transitional Reinsurance Fee (TRF) applies to fully insured and self-funded major medical plans for 2014, 2015, and 2016. The purpose of the fee is to provide funds to help stabilize premiums in the individual insurance market in view of uncertainty about how the Patient Protection and Affordable Care Act (ACA) would affect claims experience. While […]
Read moreTag: pay.gov
Transitional Reinsurance Forms due Nov. 15th. – Action required by Self-Funded plans
Deadline: Registration on pay.gov and submission of enrollment information must be completed by November 15th of each year. In addition, employers making two payments must complete the second payment by November 15th. INTRODUCTION The Affordable Care Act establishes a transitional reinsurance program to help stabilize premiums for coverage in the individual market during the years […]
Read more