On-Demand Webinar: What You Need to Know About the New SBC Template
With compliance documents like the Summary of Benefits and Coverage (SBC), change can cause headaches, especially for those trying to prepare SBC and open enrollment materials at the same time.
And when the changes are as dramatic as those in the latest 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 Direct Path’s Kim Buckey, Vice President, Client Services and Steve Kelsey, Manager, Client Services who will provide a detailed review of the requirements and “gotchas” of the new template, including:
- Effective dates
- Required content for the SBC
- Uniform glossary
- New coverage example and calculator
- Penalties associated with SBC failures