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 recently issued final regulations are effective for open enrollment periods beginning on or after September 23, 2012.
On March 28, 2012, Morgan Lewis presented a one-hour webinar, which discussed the format, content, and delivery standards group health plan sponsors and insurers must follow when issuing this information. Our presenters discussed the who, what, when, how, and why of SBCs.