Wednesday, August 17, 2011

Summary of Benefit and Coverage proposed regulations released

PPACA required that a four page summary of benefits as well as a glossary of terms be provided to plan participants.  As noted in a previous post, the NAIC developed sample summaries.  Today, the government issued proposed regulations as well as "sub-regulatory" guidance and sample templates. The proposed rule is open to public comment for 60 days.

The regulations are effective March 23, 2012.


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