We’ve had a couple of initial posts on the new Early Retiree Reinsurance Program (ERRP): the first one gave a quick overview of the amount of funds available, while the second post described options for spending the reimbursement. In this post, I’d like to give a quick overview of some actions plan …
Early Retiree Reimbursement Program
The retiree health reinsurance gold rush
There's an intriguing provision in the new health care reform law for retiree medical plans: 80% reinsurance for each early retiree's claims between $15,000 and $90,000. The official summary is here. There's a fixed amount of money available for this, just $5 billion. When it's gone, it's …