What does it mean for a plan sponsor to “certify” information before its first reimbursement request?
As part of each plan sponsor’s first reimbursement request for each of its Early Retiree Reinsurance Program (ERRP) applications, the sponsor’s Authorized Representative must indicate that the sponsor will make a reasonable, good faith effort to meet all the requirements necessary to make a reimbursement request, and that the sponsor will be prepared to demonstrate that it has made such a good faith effort upon request.