|Are you prepared for the new Summary of Benefits and Coverage (SBC) requirements?
The Supreme Court decision has been announced and the provisions of the Affordable Care Act requirements will continue to move forward. Employers must now begin shifting focus to compliance. The Walsh Institute Leadership Center and sponsor Benefit Review Services present this interactive session for local business owners, HR personnel, CFOs and others responsible for benefit plans within their organizations. The session will focus on the upcoming Summary of Benefits and Coverage(SBC) requirement and the impacts the new communication obligations will have on employers.
Attendees of this session will:
? be able to develop a plan, knowing exactly how and when the new SBC requirements will impact their benefit packages.
? have their calendars marked with compliance deadlines (from both the insurance carrier and employer point of view).
? understand how to incorporate the new summaries into their employee benefit communications.
? have the tools and knowledge to avoid penalties for non-compliance (and know how steep those penalties will be).|