PROPOSED RULE ON SBCs AND GLOSSARY

Proposed Rule on SBCs and Glossary

Last month, the U.S. Departments of Health and Human Services, Labor and the Treasury released a proposed rule addressing the Summary of Benefits and Coverage (SBC) and the Glossary of Health Coverage and Medical Terms mandated by the Patient Protection and Affordable Care Act. The proposed rule would be effective for open enrollments or plan years that begin on or after Sept. 1, 2015.

The proposed rule calls for a shorter SBC with various language revisions and the addition of a third coverage example, along with revisions to the glossary:

• • Proposed regulations
• • Proposed SBC template on or after Sept. 1, 2015
• • Proposed Uniform Glossary of Coverage and Medical Terms on or after Sept. 1, 2015

To learn more about SBCs and the glossary, follow this link to the Department of Labor website or this link for more information from CoreSource.