Benefits

HHS Issues Rules for Retiree Care Reimbursements

By Staff Report

May. 5, 2010

Final interim rules unveiled Tuesday, May 4, detail the requirements that employers must meet to receive federal reimbursement of claims by pre-Medicare-eligible retirees.


Under a $5 billion program—authorized by the new health care reform law—employers with health care plans covering retirees from age 55 through 64 will be reimbursed for 80 percent of such retirees’ claims between $15,000 and $90,000.


The Department of Health and Human Services’ rules specify that only health care expenses incurred after June 1, 2010, are eligible for reimbursement. Health benefits that qualify for reimbursement include medical, hospital, surgical, prescription drug, mental health and other benefits that may be specified by the HHS secretary.


To receive reimbursement, health care plans must have programs in place that save costs or have the potential to save costs for participants with chronic and high-cost conditions, according to a White House fact sheet. 


Filed by Jerry Geisel of Business Insurance, a sister publication of Workforce Management. To comment, e-mail editors@workforce.com.


 


Stay informed and connected. Get human resources news and HR features via Workforce Management’s Twitter feed or RSS feeds for mobile devices and news readers.

About Workforce.com

blog workforce

We build robust scheduling & attendance software for businesses with 500+ frontline workers. With custom BI reporting and demand-driven scheduling, we help our customers reduce labor spend and increase profitability across their business. It's as simple as that.

Book a call
See the software

Related Articles

workforce blog

Benefits

EEOC says that employers legally can offer incentives to employees to get vaccinated in almost all instances

If you’re an employer looking to get as many of your employees vaccinated as possible, you can rest eas...

ADA, CDC, COVID-19, EEOC, GINA, pandemic, vaccinated

workforce blog

Benefits

Fixing some common misconceptions about HIPAA

Ever since the CDC amended its COVID-19 guidance to say that the fully vaccinated no longer need to wea...

COVID-19, health care, HIPAA, human resources, wellness

workforce blog

Benefits

We are in the midst of a public mental health crisis; how employers can help

Do not ignore these issues or your employees who are living with them. Mental health illnesses are no d...

ADA, benefits, Coronavirus, FMLA, mental health, paid time off