Publication
Health Care Alert: Navigating Health Care Reform (May 19, 2010)
On May 3, 2010, the Department of Health and Human Services ("HHS") issued interim final rules implementing the Early Retiree Reinsurance Program ("Program") included in the Patient Protection and Affordable Care Act as amended by the Health Care and Education Affordability Reconciliation Act (collectively, the "Act"). As discussed in our April 2, 2010 Snell & Wilmer Health Care Reform Alert, the Program allocates $5 billion in federal money to reimburse employer sponsored plans for a portion of the cost of providing health benefits to early retirees between the ages of 55 and 64.
The interim final rule is effective June 1, 2010. The Program will end on the earlier of January 1, 2014 or the date HHS exhausts the $5 billion allocated for the Program. Any public comments on the interim final rule must be received by HHS on or before June 4, 2010.
About Snell & Wilmer
Founded in 1938, Snell & Wilmer is a full-service business law firm with more than 500 attorneys practicing in 16 locations throughout the United States and in Mexico, including Los Angeles, Orange County and San Diego, California; Phoenix and Tucson, Arizona; Denver, Colorado; Washington, D.C.; Boise, Idaho; Las Vegas and Reno, Nevada; Albuquerque, New Mexico; Portland, Oregon; Dallas, Texas; Salt Lake City, Utah; Seattle, Washington; and Los Cabos, Mexico. The firm represents clients ranging from large, publicly traded corporations to small businesses, individuals and entrepreneurs. For more information, visit swlaw.com.
