Links to these documents and to other pertinent information are available at this Web page
Applications to the program must be signed and submitted in hard copy to HHS ERRP Application Center, 4700 Corridor Place, Suite D, Beltsville, MD 20705
The Patient Protection and Affordable Care Act, P.L. 111-148, established a temporary reinsurance program to reimburse part of the claims costs for participating employment based plans that provide health insurance coverage for early retirees ages 55 through 64, and their eligible spouses, surviving spouses, and dependents. The EERP will reimburse for 80% of a plan's individual claims that are between $15,000 and $90,000, indexed for inflation. The program is effective June 1, 2010, and ends on the earlier of Jan. 1, 2014, or when the $5 billion appropriated for the program is exhausted Program participants will be able to submit claims for medical care going back to June 1, 2010, HHS added. This program has been the subject of many of our blogs recently, including here and here.
More than half of employers that currently offer retiree medical plans to early retirees plan to apply for the EERP, the International Foundation of Employee Benefit Plans reported recently from its survey of 1,021 employers