With fall open enrollment season upon us, group health plan sponsors should remember that the new Summary of Benefits and Coverage (“SBC”) requirements are now in effect. The first SBC must be provided to participants and beneficiaries for enrollment or re-enrollment periods beginning on or after September …
Additional Guidance on SBCs Issued
May 29, 2012 Leave a Comment
On May 11, the DOL issued FAQs about Affordable Care Act Implementation (Part IX); like the last FAQs (Part VIII) issued, this set of 14 FAQs discusses implementation of the Summary of Benefits and Coverage (“SBC”) provisions of PPACA. Here are some of the topics which are addressed: FAQ 1: Expanding on …