No Items in Cart 
November 18, 2014
30 view(s)
The Center for Consumer Information and Insurance Oversight (CCIIO) has extended its health plan enrollee report deadline until 11:59 p.m., Dec. 5.
Originally due by Nov. 15, the report requires employers and insurers to indicate how many health insurance enrollees they have. They then have to pay a reinsurance fee of $63 per enrollee as part of a pool to help cover catastrophic claims (because insurers can no longer refuse coverage to anyone, no matter how sick).
Of the sum, $52.50 has to be paid by Jan. 15, 2015, with the remaining $10.50 due by Nov. 15, or the whole sum can be paid by Jan. 15. The payment deadlines have not been changed, even though the report deadline has, CCIIO officials confirmed.
Both the report and the reinsurance fee came about as part of the Affordable Care Act (ACA).
For the full story on how the Affordable Care Act (ACA, or Obamacare) affects your business, no matter how large or small, please obtain a copy of our comprehensive but easy-to-follow Affordable Care Act Compliance Kit.
