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ERRP

June 9, 2010 By Mark Schulte 3 Comments

Preparing to Apply for the ERRP Subsidy

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 …

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May 13, 2010 By Jim van Iwaarden 4 Comments

Update: the retiree health reinsurance gold rush

Last week, the HHS published an interim final rule for the new Early Retiree Reinsurance Program (should we call it ERRP?). In our first post on this, we noted that a lot was still unknown.  There still is, but it's becoming clearer. The White House fact sheet says "Employers can use the savings …

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April 28, 2010 By Jim van Iwaarden 6 Comments

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 …

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