The U.S. Departments of Labor, Health and Human Services and Treasury jointly issued Frequently Asked Questions about the Summary of Benefits and Coverage (SBC) required under the Affordable Care Act (ACA). The ACA requires group health plans and health insurance issuers to provide an SBC document that accurately describes the benefits and coverage under the applicable plan or coverage.
Guidance issued in the fall of 2019 updated coverage examples calculator, the instructions for completion and the template document. The new FAQs offer guidance about the updates. Specifically, the FAQs address the implementation date for the new template and the required use of the calculator.
To access the FAQs, click here.