On-Demand Webinar: What You Need to Know About the SBC Template
With compliance documents like the Summary of Benefits and Coverage (SBC), change can cause headaches, especially for those simultaneously preparing documents and materials for open enrollment.
And when the changes are as dramatic as those in the new, final SBC template released by the Department of Labor (DOL), those headaches can reach migraine level pretty quickly.
The new SBCs take effect with the first enrollment period on or after April 1, 2017. Get a head start on planning by joining Kim Buckey, Vice President, Client Services at DirectPath and Thomas Barker, Principal at Foley Hoag who will provide a detailed review of the new requirements, including:
• effective dates
• required content for the SBC
• new coverage example and calculator
• uniform glossary
• penalties associated with SBC failures
Speakers: Kim Buckey, Vice President, Client Services, DirectPath and Thomas Barker, Partner, Foley Hoag LLP