Trustee Alert – Transitional Reinsurance Fee Update

Health care reform imposed on all health plans a Transitional Reinsurance Fee (TRF) for three years— 2014 through 2016. For 2015 and 2016, there is an exemption from the TRF program for self-insured plans that self-administer claims.

This exemption has been widely touted as a multiemployer or union-based plan exemption. However, the trust does not qualify for the exemption because the exemption does not apply to any plans that hire third-party administrators for enrollment or claims processing (other than for pharmacy benefits or excepted benefits).

Please see full alert below for more information.

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Topics:  Self-Insured Health Plans, Transitional Resinsurance Fees

Published In: Health Updates, Insurance Updates, Labor & Employment Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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