Federal regulators are updating the reporting program they use to keep tabs on the finances of the Consumer Operated and Oriented Plans (CO-OPs).
The Centers for Medicare & Medicaid Services asks CO-OPs to give CMS more information about their capital and surplus in monthly financial reports.
The new template also asks CO-OPs to give CMS more information about matters such as investment income receivables, Patient Protection and Affordable Care Act reinsurance program premium costs, and expected PPACA reinsurance program recoveries, according to a copy of a "crosswalk" spreadsheet that indicates how CMS is changing the template.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.