United Benefit Advisors Insight and Analysis Blog

Deadline Approaching for Larger Self-Funded Health Plans To Obtain a Health Plan Identifier Number

Posted by: Linda Rowings    Oct 21, 2014 11:08:00 AM

To meet federal requirements, large health plans must obtain a national health plan identifier number (HPID) by November 5, 2014. For this requirement, a large health plan is one with more than $5 million in annual receipts. The Department of Health and Human Services (HHS) has said that since health plans do not have receipts, insured plans should look at premiums for the prior plan year and self-funded plans should look at claims paid for the prior plan year. Small health plans (those with less than $5 million in claims during the prior plan year) have until November 5, 2015, to obtain an HPID.

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Topics: Self-Funded, HPID, Deadline, HHS, Centers for Medicare and Medicaid Services, Form 5500