A self-insured group health plan must submit enrollment counts to the Centers for Medicare and Medicaid Services (CMS) for contributions to the transitional reinsurance program. Health insurance carriers are responsible for the submission and payment for insured coverage. Originally, the counts were due by November 15, 2014.
Pursuant to requests for an extension of the deadline, late on Friday (November 15, 2014, the original due date), CMS announced that contributing entities will have until 11:59 p.m. on December 5, 2014 to submit enrollment counts. The January 15, 2015 and November 15, 2015 payment deadlines remain the same.
View USI’s full Compliance Alert for more details.