Health Care Law Blog
CMS Stopping Acceptance of Early Retiree Reinsurance Applications
The Centers for Medicare and Medicaid Services ("CMS") announced that it will no longer accepting applications for its Early Retiree Reinsurance Program. Based upon the applications that CMS has accepted and the rate at which the available $5 Billion is being disbursed, the government projects that it will use up the full allotted $5 Billion which has been set aside to fund this temporary program.
Applications were first accepted on June 29, 2010 and the government is cutting off any further applications May 5, 2011.
Categories: Health Care Reform
