Deadline for Using ERRP Funds:
The Centers for Medicare & Medicaid Services has issued a Federal Register notice establishing a timeframe by which plan sponsors participating in the Early Retiree Reinsurance Program (ERRP) are expected to use ERRP reimbursement funds. Sponsors are expected to use such funds as soon as possible, but not later than December 31, 2014. This notice reiterates and formalizes the information included in ERRP Common Question 800-13.