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DISCLOSURE O F IN FOR RATIO N In compliance to PORK No. 38/POJK.04/2014 concerning Capital Increase Without Preemptive Rights The Board of Commissioners and the Board of Directors of the Company,
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Employers who are required to contribute to the transitional reinsurance program as part of the Affordable Care Act (ACA) need to fill out the online transitional reinsurance form. This includes employer groups that sponsor self-insured health plans.
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The online transitional reinsurance form is a document required for health insurance issuers to report their participation in the transitional reinsurance program established under the Affordable Care Act, aimed at stabilizing the individual insurance market.
Health insurance issuers offering individual and small group plans are required to file the online transitional reinsurance form.
To fill out the online transitional reinsurance form, issuers must gather relevant data about their covered lives and claims, access the online filing system, and input the required information accurately according to the guidelines provided.
The purpose of the online transitional reinsurance form is to collect data that supports the reinsurance program, which helps to mitigate risks for insurers during the transition to a reformed health insurance marketplace.
Information required includes data on the number of covered lives, claims incurred, and details pertaining to the specific insurance plans in place.
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