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Volume 37 Issue 142 October 21, 2014, HHS Releases Transitional Reinsurance Contributions Submission Form Yesterday HHS announced that the long awaited Transitional Reinsurance Annual Enrollment and
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How to fill out HHS releases transitional reinsurance:

01
Gather the necessary information: Before filling out the HHS releases transitional reinsurance, gather all the required information such as your company's name, contact information, employer identification number (EIN), and details about your transitional reinsurance program.
02
Access the HHS portal: Visit the official website of the Department of Health and Human Services (HHS) and login to the portal designated for transitional reinsurance filings.
03
Review the guidelines: Familiarize yourself with the guidelines provided by HHS regarding the completion of the form. This will ensure that you are aware of any specific requirements and can accurately fill out the necessary fields.
04
Enter company details: Begin by entering your company's information, including the name, address, and contact details. Ensure that all the information provided is accurate and up-to-date.
05
Provide program information: Fill in the details about your transitional reinsurance program, including the plan year, the date the program was implemented, and any other relevant information requested by HHS.
06
Submit supporting documentation: In some cases, HHS may require supporting documentation to be submitted along with the form. Ensure that you have all the necessary documents ready and attach them as instructed.
07
Review and submit: Before submitting the form, carefully review all the information entered to ensure its accuracy. Double-check for any errors or omissions that may impact the filing. Once satisfied, submit the form through the HHS portal.

Who needs HHS releases transitional reinsurance:

01
Employers: Employers who sponsor group health plans are typically required to file for HHS releases transitional reinsurance. This includes both small and large employers, with certain exceptions depending on the size and nature of the group health plan.
02
Insurance companies: Insurance companies that provide coverage for group health plans are also required to participate in the HHS releases transitional reinsurance program. They need to submit the necessary information and pay their corresponding reinsurance contributions.
03
Third-party administrators: In some cases, third-party administrators (TPAs) who handle the administrative functions of a group health plan may also be responsible for filing HHS releases transitional reinsurance on behalf of the employer or insurance company. This can occur when the TPA is designated as the responsible entity for reporting and paying reinsurance contributions.
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