CMS: Nearly All Issuers Sent Reinsurance/Risk Adjustment Data

CMS released detailed and summarized information on 2014 transitional reinsurance payments and permanent risk adjustment transfers Tuesday (June 30), revealing that a majority of issuers had successfully submitted the data needed to calculate the payments. According to CMS, 99.7 percent of issuers provided that data. CMS previously said issuers that did not provide the needed data would relinquish any reinsurance claims and face a default risk adjustment charge. CMS said its preliminary analysis of the reinsurance data shows that the...