PPACA accounting still hazy

Insurance regulators are just starting to figure out the accounting rules for a core Patient Protection and Affordable Care Act component – a collection of three PPACA risk management programs.

The Statutory Accounting Principles Working Group, a panel at the National Association of Insurance Commissioners, has posted a draft of an “information document” summarizing what regulators have figured out about the “risk-sharing provisions” of PPACA.

The document explains how the drafters think carriers will account for the “Three R’s” – a collection of three PPACA risk management programs that could lead to carriers either paying or receiving tens of billions of dollars in cash over the next few years.

Comments are due Dec. 3.