New proposed rules would amend the requirements related to distribution of a summary of benefits and coverage (SBC). Under Health Care Reform, a group health plan (or the insurer) must provide employees with a standard SBC form explaining plan coverage and costs at specified times during the enrollment process and upon request.
The proposed rules include revisions to the SBC templates, instruction guides, uniform glossary, and other supporting materials. Key changes include:
If finalized, the changes to the SBC and uniform glossary requirements would apply for disclosures with respect to coverage that begins on or after September 1, 2015. A proposed revised SBC template, sample completed SBC, instructions, and related documents are available for review.
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