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ARTICLE · 19 MARCH 2012

Summaries Of Benefits And Coverage Due This Fall

Final regulations provide detail on the format, content, and delivery standards group health plan sponsors and insurers must follow when issuing this information.

United StatesEmployment and HR

Final regulations provide detail on the format, content, and delivery standards group health plan sponsors and insurers must follow when issuing this information.

As they prepare for open enrollment this fall, group health plan sponsors and insurers have a lot of work to do to make sure they are in compliance with the final Summary of Benefits and Coverage (SBC) rules. The much-anticipated final regulations, which were recently issued by the Departments of Treasury, Labor, and Health and Human Services, are effective for open enrollment periods beginning on or after September 23, 2012.

This LawFlash highlights some of the key changes in the final regulations. Read our discussion of the proposed regulations in our August 26, 2011 LawFlash, " New Summary of Benefits and Coverage Required for Health Plans in 2012."

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