DOL Issues Another Set of FAQs
Amidst the confusion of PPACA compliance, additional information from the Department of Labor has been released. The DOL issued another set of FAQs addressing the summary of benefits and coverage (SBC) disclosure requirement under health care reform. This new set of FAQs reflects changes to SBCs distributed for coverage beginning on or after January 1, 2014, and before January 1, 2015 (second year of applicability).
Recall that the SBCs are supposed to provide a summary of coverage offered to be compared against other coverage options.