The Early Retiree Reinsurance Program is a Federal program that was established under the Affordable Care Act. Under the Early Retiree Reinsurance Program, the Federal government reimburses a plan sponsor of an employment-based health plan for some of the costs of health care benefits paid on behalf of, or by, early retirees and certain family members of early retirees participating in the employment-based plan. (See attached entire NOTICE ABOUT THE EARLY RETIREE REINSURANCE PROGRAM for all plan participants.)
All employees must sign for this notice. See your HR Representative.