Final SBC Guidance for Employer Health Plans
Getting Ready for New Open Enrollment Disclosures
Available immediately
Health care reform’s Summary of Benefits and Coverage (SBC) requirement imposes detailed disclosure obligations on health plan sponsors and insurers, beginning for most plans with open enrollment for 2013 plan years. Join our experts in this 90-minute web seminar as they explain the implications for employer-sponsored health plans of just-released final regulations and agency FAQs.
Originally presented on April 4, 2012.
Seminar Level
Topics Covered
Here’s some of what was covered:
- When must SBCs be provided (at open enrollment and other times) and who must be furnished with SBCs (both participants and beneficiaries)? When is 60-day advance notice required?
- What group health plans must comply, and who must prepare and provide SBCs (employer versus insurer)? When and how must health FSAs and HRAs comply?
- What information must appear in the SBC, and how many SBCs will be required for a plan with multiple benefit options?
- What style and format requirements apply (including length, font-size, and special non-English language rules)? What is the relationship of the SBC to the ERISA-required SPD?
- How must SBCs be distributed, and how does application of existing DOL distribution regulations affect electronic delivery?
- What penalties and excise taxes could be triggered by SBC compliance failures?
Details
Speakers: John L. Barlament and Gita K. Sharma. Mr. Barlament is a partner with Quarles & Brady LLP in Milwaukee and a Contributing Author of EBIA’s Consumer-Driven Health Care and HIPAA Portability, Privacy & Security manuals. Ms. Sharma is an attorney and Senior Editor at EBIA. She is the Editor and a Contributing Author of EBIA’s Health Care Reform for Employers and Advisors.
Handouts: A handout of the seminar slides and other information is provided through download.
Viewing Details
- Accessing the recorded web seminar: After you purchase a recorded web seminar, you will receive an email with access information. You and your co-workers may then view the recording as many times as you wish for 60 days. An internet connection is required to view the recording; it can be stopped and started as needed and has a table of contents for easy navigation.
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