We all knew this day would come, and now it's here. New applications for the Early Retiree Reinsurance Program (ERRP) will be received only until 5 pm on Thursday, May 5th. The last time we blogged about this, the ERRP money was going fast. Now the urgency is clear. So if you've been thinking …
ERRP
ERRP funds are going fast, but employers still have time to act
billion of the original $5 billion has now been paid out under the Early Retiree Reinsurance Program (ERRP), according to an article this month in Business Insurance. We've been watching the ERRP since its inception (posts 1, 2, 3, 4), and didn't think the $5 billion allocation would last long. A …
ERRP Reimbursement and Website Update
A quick update on the Early Retiree Reinsurance Program (ERRP): Over the past few months, the Department of Health and Human Services (HHS) has been busy gearing up for the implementation of the ERRP. As you may recall from our earlier posts (1, 2, 3), this is a program that's part of the larger …