In the summer of 2011, the Departments of Labor, Treasury and Health and Human Services (HHS) released a long-awaited proposed rule and draft template of a new uniform Summary of Benefits and Coverage (SBC) required by the Affordable Care Act.¹ The purpose of the new SBC is to allow individuals to easily compare health coverage options when shopping for or enrolling in group or individual health coverage. The proposed rule² incorporated the Affordable Care Act’s requirement that health plans and health insurance issuers would start using the template beginning March 23, 2012, but requested comments on the feasibility of that time frame.³

Tags:

This entry was posted by cmonfils on Friday, December 2nd, 2011 at 8:48 am and is filed under Health Care Legislation, Health Insurance, HHS. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.