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A Summary of Benefits and Coverage (SBC) is four page (double-sided) communication required by the federal government. It must contain specific information, in a specific order, and with a minimum size type, about a group health benefit’s coverage and limitations. If an employer providing an SBC is a covered entity under the Section 1557 of […]
Posts Tagged ‘summary of benefits and coverage’
Are Electronic Plan Documents ACA-Compliant? | Daly City Benefits Broker
By Peter Freska Benefits Advisor at The LBL Group A UBA Partner Firm There is always something to be concerned about. Please read on. Many have talked about the options for posting compliance documents online. It is interesting to note that posting documents on a company’s intranet is not enough. Especially in light of the […]
The Story Behind Minimal Changes in Plan Designs and Premium Rates | CA Benefits Broker
By Carol Taylor, Employee Benefit Advisor D&S Agency, a UBA Partner Firm The United Benefit Advisors (UBA) annual Health Plan Survey for 2014, which contains validated data on 16,467 plans for 9,950 employers, shows minor average change for plans in the last year. The survey contains information on plans that renewed predominantly between June 2013 […]
