As part of our efforts to make sure you stay informed, here is an excerpt from our Employee Benefits Newsletter, where you can learn the essential facts you need to know about the healthcare reforms. Additional FAQs and a new template has been released on the Affordable Care Act’s (ACA) SBC Requirement.
Under the ACA, the new reforms require plan participants and beneficiaries must be provided with a 4-page summary of benefits and coverage (“SBC”) and uniform glossary.
The original SBC..
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