CMS-10532 - Response to public comments

CMS-10532 - Summary of comments on RC transitional collection.xlsx

Risk Corridors Transitional Policy (CMS-10532)

CMS-10532 - Response to public comments

OMB: 0938-1267

Document [xlsx]
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Commenter Date Comment Summary
Blue Cross Blue Shield Association 4-Nov Release the state-level adjustment percentages before financial reporting is due (Jan 31, 2015)

Provide insurers with information on the process for calculating the state-level risk corridors adjustments

Only require data that is necessary to perform the calculation
United Health Group 4-Nov Data collection should be limited to transitional states only; and only to a count of transitional enrollment and total individual/small group enrollment, as prescribed in regulation in §154.530 (e)

The deadline for submission should be moved from January 23, 2015 to April 30, 2015. The commenter believes that it will be operationally burdensome for issuers to provide enrollment counts during the open enrollment period. The commenter also suggested that enrollment counts would need to be synchronized with the counts submitted for the reinsurance and risk adjustment programs, and the deadline should therefore align with the April 30,2015 deadline for submissison of EDGE server data. The suggested due date would also align with the deadline for submitting SHCE information to the NAIC.
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