Summary of Benefits and Coverage – The New Requirement

I presented a free for a free Webinar on April 26 . During this Webinar, I reviewed all of the requirements for creating and distributing the Summary of Benefits and Coverage (SBC).This requirement applies for the first open enrollment period beginning on or after September 23, 2012 for participants and beneficiaries enrolling or re-enrolling through open enrollment.

From this Webinar, you will learn:

• The general requirements
• Who must provide the SBC?
• Who must be furnished the SBC?
• When must the SBC be Distributed?
• Form and manner to distribute the SBC
• Appearance, language, and content requirements for the SBC
• Updating the SBC: Notice of material modifications
• Consequences of failing to provide the SBC
• Resources available for creating the SBC

This webinar is approximately 60 minutes in length.