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Early Retiree Reinsurance Program Ceasing Reimbursements at End of Year
Based on the projected availability of funding, the U.S. Centers for Medicare & Medicaid (CMS) have released a notice announcing that they will cease reimbursement of claims for the Early Retiree Reinsurance Program (ERRP) that are incurred after December 31, 2011. As of December 2, 2011, ERRP disbursed over $4.5 billion of the $5 billion provided for the program by the Affordable Care Act.
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