Transitional Reinsurance Program Assessment
Explanation
Under Section 1341 of ACA, health insurance issuers and third party administrators will pay an assessment to fund state non-profit reinsurance entities for the purpose of establishing a high-risk pool for the individual market. The assessment is imposed for a limited number of years, beginning in 2014 and ending in 2016.
Questions and answers
- What is the assessment?
- Who is responsible for paying the assessment?
- What might this assessment mean to a self-funded plan?
