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What is the reinsurance program for early retirees?

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What is the reinsurance program for early retirees?

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From June 23, 2010, until January 1, 2014, the Affordable Care Act creates a reinsurance program for employers who provide insurance to early retirees from age 55 to 65 that are not otherwise eligible for Medicare. Employers must apply to HHS to participate in the program. Answers to other Frequently Asked Questions regarding this program are available here and more information is available by contacting the HHS Office of Consumer Information and Insurance Oversight at healthinsurance@hhs.gov or http://www.hhs.gov/ociio/regulations/errp/ index.html.

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