Health Care Reform Blog: SBC Form Revised/New FAQs Released

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Earlier this week the Agencies issued a revised Summary of Benefits & Coverage (“SBC”) template for use in describing health plan coverage that begins on or after January 1, 2014 and before January 1, 2015. The new SBC template requires a representation of whether the coverage is “minimum essential coverage” and meets “minimum value” requirements. The Agencies have also extended previously granted enforcement relief through the second year of compliance with the SBC requirements. The new template and FAQs can be accessed at http://www.dol.gov/ebsa/faqs/faq-aca14.html.

Topics:  Healthcare, Minimum Essential Coverage, SBC

Published In: Health Updates, Insurance Updates, Labor & Employment Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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