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Reporting deadline for transitional reinsurance program extended to Dec. 5

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The Centers for Medicare and Medicaid Services has announced that the deadline to submit 2014 enrollment counts for the transitionall reinsurance program fee has been extended to Dec. 5, 2014.

The Affordable Care Act (ACA) created a three-year transitional reinsurance program that imposes a fee on health insurance issuers and self-insured group health plans offering major medical coverage (covered entities). Covered entities must submit an annual enrollment count to the Department of Health and Human Services by way of a form found at www.pay.gov. The original deadline for submitting the 2014 enrollment count was Nov. 15, 2014, but covered entities now have an additional 20 days to meet this reporting requirement.