Self-funded plans must report Gross Retiree Costs. However, plans that are fully insured have the option to report Gross Retiree Costs or Estimated Percentage of Premiums. The estimated premium option is recommended for those fully-insured plans that do not have access to retirees' gross drug costs. For more information, refer to Reporting Estimated Percentage of Premiums Instead of Gross Retiree Costs: Option for Fully-Insured Plans.
Answer ID
2000-11