Insurance regulators are just starting to figure out the accounting rules for a core Patient Protection and Affordable Care Act component – a collection of three PPACA risk management programs.
The Statutory Accounting Principles Working Group, a panel at the National Association of Insurance Commissioners, has posted a draft of an "information document" summarizing what regulators have figured out about the "risk-sharing provisions" of PPACA.
The document explains how the drafters think carriers will account for the "Three R's" – a collection of three PPACA risk management programs that could lead to carriers either paying or receiving tens of billions of dollars in cash over the next few years.
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Allison Bell
Allison Bell, ThinkAdvisor's insurance editor, previously was LifeHealthPro's health insurance editor. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached at [email protected] or on Twitter at @Think_Allison.
