United Benefit Advisors Insight and Analysis Blog

Self-Funded Plans Must File Transitional Reinsurance Fee Form by November 15

Posted by: Linda Rowings    Nov 4, 2014 10:29:00 AM

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 (PPACA) would affect claims experience. Insurers are responsible for reporting and paying the fee on the policies they issue, although the fee will generally be passed on to the employer. Plan sponsors of self-funded plans (or their representatives) must report and pay the fee to the federal government at www.pay.gov.

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Topics: Linda Rowings, Self-Funded, PCORI, Patient Centered Outcomes Research Institute, November 15, Transitional Reinsurance Fee