CMS Announces Annual Enrollment & Contributions Submission Form Filing Extension
The Centers for Medicare & Medicaid Services (CMS) has announced that the deadline for employers sponsoring certain self-insured plans (“contributing entities”) to submit their 2014 enrollment counts for transitional reinsurance contributions has been extended until 11:59 p.m. on December 5, 2014. (The previous deadline was November 15, 2014.)
Reinsurance Contribution Process
To successfully complete the reinsurance contribution process, contributing entities (or third-party administrators or administrative services-only contractors on their behalf) must register on www.pay.gov and submit their annual enrollment count of the number of covered lives of reinsurance contribution enrollees for the applicable benefit year.
After contributing entities complete the ACA Transitional Reinsurance Program Annual Enrollment and Contributions Submission Form, their annual contribution amounts to be remitted will be auto-calculated. Contributing entities will then enter their payment information and will be given a chance to review and submit the calculated reinsurance contributions. The payment deadlines for the 2014 benefit year (January 15, 2015 and November 15, 2015) remain the same.
For More Information
Additional resources for completing the reinsurance contribution process, including user manuals, are available from CMS.