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HHS Releases Draft Application for the Retiree Reinsurance Program

Release Date: June 09, 2010

As we discussed in a prior Alert (see: http://jaeckle.com/RetireeReinsurance), the health care reform law provides a federal subsidy for some health plans that cover early retirees, to help offset the cost of such coverage. The subsidy program became effective as of June 1, 2010. Only limited funds were allocated to the program and are to be disbursed on a "first come first served" basis until exhausted; accordingly, it behooves a health plan sponsor who might qualify for the subsidy to apply as soon as possible. The final application is reportedly to be released later this month (June 2010), and there are many questions about what information will be required in the application.

The Department of Health and Human Services (HHS) has now released drafts of the application, the accompanying instructions, and a "supporting statement" for the program. We have posted these documents on the Retiree Reinsurance Section of our Health Care Reform Link Library.

To read the rest of the Alert, please click here.

If you have any questions about the retiree reinsurance program or any other aspect of health care reform, please contact Robert W. Patterson at 716.843.3910 or rpatterson@jaeckle.com, or Michele O. Heffernan at 716.843.3850 or mheffernan@jaeckle.com.

This Jaeckle Alert, prepared by the attorneys at Jaeckle Fleischmann & Mugel, LLP, is intended for general information purposes only and should not be considered legal advice or an opinion on specific facts. For more information on these issues, contact one of the attorneys listed above or your existing Firm contact. Prior results do not guarantee a similar outcome. The invitation to contact is not a solicitation for legal work in any jurisdiction in which the contacted attorney is not admitted to practice. Any attorney/client relationship must be confirmed in writing.