Special Update: These materials have been updated as of May 14, 2012 to include a corrected version of the new summary of benefits and coverage (SBC) template for use by group health plans. The updated template, which replaces the prior version issued in February, corrects typographical errors in the original version and also includes certain appearance modifications to ensure the document is accessible to individuals with disabilities. According to the FAQs, plans and issuers may use either version, or may make similar modifications to their own SBCs, without violating the appearance requirements for an SBC.
"How will Health Care Reform affect my company in 2012?" It's a question we hear all the time from brokers and employer groups.
Health Care Reform can be very confusing with additional requirements, benefits and notices that can impact an employer depending on the plan year, grandfather status and so much more.
Stay Current on Health Care Reform in 2012
Our '2012 Health Care Reform Compliance Checklist' highlights the key areas of Health Care Reform for employers this year, including:
- Maintaining Grandfather Status
- Restrictions on plan annual limits
- Summary of Benefits and Coverage (SBC) Notice
- Reporting of Employer Sponsored Health Plan Coverage on Form W-2
By downloading this simple and informative checklist, it's so much easier to keep up with all the major changes in health care benefits, guidelines and notices. Just fill out the simple registration form and you are ready to go.