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Another Day, Another (Health Care Reform) Dollar: The ACA's Transitional Reinsurance Program
Spencer Fane
[Guidance Overview] Dec. 12, 2012
"Fees to support this transitional reinsurance program will be assessed against both insured and self-funded group health plans. The total amount of fees to be collected over the three-year period is $25 billion. Of this amount, $20 billion will fund the reinsurance program, while the other $5 billion will be paid to the U.S. Treasury. The ... $5 billion payable to the Treasury equals the amount appropriated by the ACA to fund the Early Retiree Reinsurance Program, which began in 2010. That program ... exhausted its $5 billion appropriation well before its scheduled end date of January 1, 2014."
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