Reinsurance-Contributions (RIC) FAQ
Guidance for FAQ regarding Submission / Schedule and Other
Program Area: Reinsurance-Contributions (RIC)
Question: What is the date in the 4th quarter of 2015 for which contributions for the General Fund of the U.S. Treasury for the 2014 benefit year are due?
Answer: Applicable to Reinsurance Contributions 2014 Benefit Year: For the 2014 Benefit Year, the second remittance is due by November 15, 2015. The U.S. Department of Health and Human Services (HHS) will offer Contributing Entities the option to pay: (1) the entire 2014 Benefit Year contribution amount in one (1) payment no later than January 15, 2015, reflecting $63.00 per covered life; or (2) in two (2) separate payments for the 2014 Benefit Year, with the first remittance due by January 15, 2015, reflecting $52.50 per covered life, and the second remittance due by November 15, 2015, reflecting $10.50 per covered life. Regardless of the selected option, the payments should be scheduled by November 15, 2015.
Issued by: Centers for Medicare & Medicaid Services (CMS)
Issue Date: July 02, 2014
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