Mar 11, 2024
The Consolidated Appropriations Act of 2021 (Section 204) requires insurance companies and employer-based health plans to submit information to the federal government about premiums and cost-sharing.
To meet this requirement, employer groups must submit information to Sutter Health Plus regarding the average monthly premiums paid on behalf of enrollees and the amount paid by enrollees each year.
As a reminder, you can view your clients' premium activity for the last 24 months in the Sutter Health Plus Broker Portal under Premium Activity.
Sutter Health Plus has not received some employers’ premium reporting information. Please know this is a federal reporting requirement imposed by the Centers for Medicare & Medicaid Services. Sutter Health Plus requested employer groups submit their information by March 1, 2024. Sutter Health Plus is required to submit aggregate data to the Departments of Health and Human Services, Labor, and the Treasury on June 1, 2024, and annually thereafter.
For calendar year 2023 reporting, please use the online Premium Reporting Form for employers or their brokers to conveniently submit the required information. If you have already submitted your clients’ premium reporting information, thank you for your response and please disregard this notice.
Contact your Amwins Connect Regional Sales Manager for information.
