On March 11, 2016, the Department of Labor released FAQs about Affordable Care Act Implementation (Part 30) that addresses implementation dates for the proposed Summary of Benefits and Coverage template and associated documents (published on February 26, 2016). (See ErisaALERT 2012-06 for background information). The government intends to act “expeditiously” to finalize the new documents. […]
ACA, HCA, SBCOn March 19, 2012 the IRS, DOL and HHS jointly issued Frequently Asked Questions (FAQs) Affordable Care Act Implementation (Part VIII) regarding the implementation of the Summary of Benefits and Coverage (SBC) requirements under the Affordable Care Act Implementation (Part VIII of the Act). We provided an extensive description of the proposed SBC regulation in […]
2012 archive, ACA, SBCThe IRS, DOL and HHS jointly published final regulations regarding the Summary of Benefits and Coverage and Uniform Glossary as well as other guidance regarding the SBC in February. The regulations indicate that this guidance is for the first year of applicability and the Departments intend to issue updated material for later years. You can […]
2012 archive, ACA, SBCBottom line: As noted in Part I, a summary of benefits and coverages (SBC) must be provided to health plan participants and beneficiaries. The SBC consists of a 4 page (double sided) summary in a prescribed format and includes a glossary of terms as well as examples of how certain conditions will be covered by […]
ACA, SBCBottom line: Effective March 23, 2012, a summary of benefits and coverages (SBC) must be provided to health plan participants and beneficiaries. The SBC consists of a 4 page (double sided) summary in a prescribed format and includes examples of how certain conditions will be covered by the plan. A separate glossary of terms is […]
ACA, SBCIn this ALERT we are going to continue summarizing key government guidance issued over the past two months. It may be old news to some but hopefully will serve as a reminder. DOL FAQs As you are probably aware, the DOL has published a number of FAQs, the most recent being FAQ Part V. Two […]
ACA, automatic enrollment, SBC(c) 2015 Erisa Diagnostics - We focus on benefits, so you can focus on business