News Headlines Article

HHS Kicks Off Early Retiree Reinsurance Program
HC Pro

The Department of Health and Human Services (HHS) announced on Tuesday that it has approved nearly 2,000 employers and unions to participate in a $5 billion early retiree reinsurance program created under the Affordable Care Act. The program, operated by HHS’ new Office of Consumer Information and Insurance Oversight, will help pay health benefit claims for early retirees—those individuals age 55 or older who are not yet eligible for Medicare.