Coming Soon: Employee-Paid Medical Premium Data Submission

In order to comply with the reporting requirements of the Consolidated Appropriations Act (CAA) of 2021, NRECA requires cooperatives participating in the NRECA Medical Plan to provide the dollar amount of premiums paid by participants during the previous calendar year. Specifically, co-ops will need to provide the total dollar amount their employees or former employees paid, through payroll deductions or otherwise, for NRECA Medical Plan premiums in 2023. Co-ops may provide the data as one total figure for each subgroup, or by co-op as a total. Co-ops do not need to provide a breakdown of individual employee amounts.

This total should include:

• Dollars paid by each co-op’s employees or former employees, through payroll deductions or otherwise, for NRECA Medical Plan coverage premiums in 2023. This information may be available from your co-op’s payroll system.
• Dollars paid by COBRA beneficiaries and retirees for NRECA Medical Plan coverage premiums in 2023. This information may be tracked outside of your co-op’s payroll system.

The total should NOT include:

• Premiums paid for other, non-NRECA medical coverage.
• Any vision, dental, disability, life, BTA or other types of insurance contributions or premiums.
• Contributions paid by employees to tax-advantaged accounts such as 125 Plan health flexible spending accounts, health reimbursement arrangements or health savings accounts.
• Amounts co-ops paid toward medical premiums.

Benefits administrators will provide the requested data for their co-op to NRECA through the Employee-Paid Premiums event on the Employee Benefits website, which will be open from January 17 to February 16, 2024. The event will be located under Salaries & Payments > Annual Reporting > Employee-Paid Premiums.

As part of this year’s submission process, benefits administrators will be able to edit information after it has been submitted up to the February 16 deadline, and view last year’s submission.

If you have questions about this data request, contact the Member Contact Center at 866.673.2299 or contactcenter@nreca.coop.