Reinsurance (RP) FAQ
Guidance for FAQ regarding Other and Other
Program Area: Reinsurance (RP)
Question: Is there a process for tracking the percentage of reinsurance funds issuers may receive if HHS is unable to collect the entire $10 billion allocated for reinsurance payments for 2014?
Answer: Because reinsurance contributions for 2014 will not be collected until early in 2015, we will not be able to provide information regarding any pro rata adjustment that may apply to requests for reinsurance payment during 2014. However, information on the total contributions collected and total payment requests made are required for HHS to calculate whether any pro rata adjustment to reinsurance payments is required. Therefore, the June 30th report discussed in 45 CFR 153.240(b) will provide information regarding any pro rata adjustment, if applicable.
Issued by: Centers for Medicare & Medicaid Services (CMS)
Issue Date: December 06, 2013
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