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ARTICLE · 10 SEPTEMBER 2012

FAQs Issued On SBC Requirement

The DOL, HHS, and the Treasury recently issued an additional guidance providing answers to frequently asked questions regarding the PPACA.

United StatesEmployment and HR

Executive Summary:  The Departments of Labor (DOL), Health and Human Services (HHS), and the Treasury recently issued an additional guidance providing answers to frequently asked questions (FAQs) regarding the implementation of the summary and benefits coverage provisions of the Patient Protection and Affordable Care Act (PPACA)1.  This guidance, entitled "FAQs about Affordable Care Act Implementation Part IX," is available at: http://www.dol.gov/ebsa/faqs/faq-aca9.html.

The SBC requirements become effective for participants who enroll or re-enroll during open enrollment as of the first day of the first annual enrollment period that begins on or after September 23, 2012.  For participants or beneficiaries who enroll in the plan outside of open enrollment (for example, newly eligible employees or special enrollees), the effective date is the first day of the first plan year that begins on or after September 23, 2012. 

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