Patient Protection and Affordable Care Act's (ACA's) Transitional Reinsurance Program [August 23, 2017] [open pdf - 850KB]
"Section 1341 of the Patient Protection and Affordable Care Act (ACA; P.L. 111-148, as amended) establishes a transitional reinsurance program that is designed to provide payment to nongrandfathered, non-group market health plans (also known as individual market health plans) that enrolled high-risk enrollees for 2014 through 2016. Under the program, the Secretary of the Department of Health and Human Services (HHS) collected reinsurance contributions from health insurers and from third-party administrators on behalf of group health plans. The Secretary then used those contributions to make reinsurance payments to health insurers who enrolled highcost enrollees (statutes required the HHS Secretary to determine how high-risk enrollees are identified, and the Secretary in turn defined high-risk enrollees as high-cost enrollees) in their non-group market plans both inside and outside of the exchanges (also known as marketplaces, where individuals can shop for and purchase private health insurance coverage)."
CRS Report for Congress, R44690
Federation of American Scientists: http://www.fas.org/sgp/crs/index.html