Distribute notice to plan participants regarding grandfathered plan status....
Distribute Summary of Benefits and Coverage (SBC) (date may change based on benefits plan renewal date)...
The Centers for Medicare and Medicaid (CMS) has released material and documents regarding guidance for plans and policy years. Read this blog post to learn more....
Original post ubabenefits.com A Summary of Benefits and Coverage (SBC) is four-page (double-sided) communication required by the federal government. It must contain specific information, in a specific order and with a minimum size type, about a group health benefit's coverage and limitations. In February 2016, the...
A Summary of Benefits and Coverage (SBC) is four-page (double-sided) communication required by the federal government. It must contain specific information, in a specific order and with a minimum size type, about a group health benefit's coverage and limitations. Read more here...
The departments of Health and Human Services, Labor, and the Treasury issued a final rule regarding the health care Summary of Benefits and Coverage (SBC) and uniform glossary that must be provided to employees under the Affordable Care Act (ACA). The new rule was published...
Originally posted January 27, 2015 by Linda Rowings on www.ubabenefits.com. The Department of Labor (DOL), the Department of Health and Human Services (HHS), and the Internal Revenue Service (IRS) have issued proposed regulations that would update the summary of benefits and coverage (SBC) requirement, including the SBC template, instructions,...
Review the new SBC changes that must be used for plans in 2014....
Employers need to be proactive for 2013 while thinking ahead for 2014....
The new summary of benefits and coverage (SBC) rules took effect on Sept. 23 for plans that start on or after that day. ...