The Department of Health and Human Services (HHS) has published its final ruling in regards to the reinsurance three-year (2014-2016) transitional program. This program must be established in each state to help stabilize premiums through the exchange for when those individuals with higher medical costs sign up for insurance. Fees will be accessed to health insurance issuers and self-insured group health plans.
The changes include:
For more information, download this legislative brief.