Self-Insured Multiemployer Health Plans Could Be Exempt From ACA Reinsurance Fee In 2015 And 2016
The Department of Health and Human Services issued a final rule March 5 on the reinsurance fee imposed under the Affordable Care Act. The reinsurance fee is imposed on group health plans. If the plan is insured, the insurer pays the fee, and if the plan is self-insured, the plan itself pays the fee. The reinsurance fee applies in 2014, 2015 and 2016. It equals the yearly rate times the number of individuals covered by the plan, with the yearly rate being $63 for 2014, $44 for 2015 and to be announced for 2016.