CMS Okays One HPID for an ERISA Wrap Plan
With days to go until the November 5, 2014 deadline for a group health plan to obtain a Health Plan Identifier (HPID), the Centers for Medicare and Medicaid Services (CMS) announced on October 27 a simplified procedure for a group health plan to use if the plan comprises several component benefits. Such a plan, often referred to as an ERISA “wrap plan,” now has the option of obtaining a single HPID for the entire arrangement or separate HPIDs for the component benefits.
One HPID to a Customer—CMS Okays One HPID for an ERISA “Wrap” Plan