Final Rule Issued on the Affordable Care Act’s Summary of Benefits and Coverage

The Department of Labor (DOL), the Treasury Department and the Department of Health and Human Services (HHS) (the “Departments”) have released a Final Rule implementing the Summary of Benefits and Coverage (SBC) and Uniform Glossary that is required under the Affordable Care Act.1 The
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DOL’s ‘good faith’ compliance standard for SBC rules fails to relieve burden on employer plan sponsors

WASHINGTON, DC — We are very disappointed that guidance issued today by the departments of Health and Human Services, Labor and Treasury has reiterated that employers will have as little as six months to comply with the Patient Protection and Affordable Care Act’s (PPACA) Summary of B
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Agencies Issue Guidance on Automatic Enrollment, Employer Mandate, and Waiting Periods

On the same day that they released final regulations on the Summary of Benefits and Coverage (see our recent Client Alert on SBCs), the Departments of Labor, Health and Human Services, and Treasury (the “Departments”) also issued a joint set of frequently asked questions (FAQs) addres
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New PPACA Benefit Summary Rules Clarified

If their open enrollment periods start before September 23, 2012, health insurers and employers that sponsor health plans will not have to provide new summaries of benefits and coverage, or “SBCs,” to new enrollees and existing health plan participants later this year, und
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Summaries of Benefits and Coverage (SBCs) Back on the Schedule and Other Employee Benefits News

An SBC is a standardized explanation of health coverage intended to help individuals make apples-to-apples comparisons of their options for health coverage. The Internal Revenue Service, Department of Labor and the Department of Health and Human Services (the Departments) published pr
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Final Regulations Address Summary of Benefits and Coverage

The Affordable Care Act (ACA) requires group health plans and health insurers to prepare and distribute a brief, uniform summary of benefits and coverage (SBC) that aims to provide individuals with a better understanding of the health coverage offered under an arrangement and a basis
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Health reform’s SBC rules include 12 required content elements

There’s a lot to digest in the newly-released guidance on the Summary of Benefits and Coverage (SBC) requirements under the Patient Protection and Affordable Care Act (PPACA). Did you know, for instance, that there are a total of 12 required content elements under these regulations? T
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