Summary of Benefits and Coverage:
Helpful tips for employers and brokers
- Can employees receive an electronic copy for their Summary of Benefits and Coverage?
- Should there be a separate Summary for each coverage tier within a benefit package?
- Should COBRA qualified beneficiaries get a copy of the Summary?
The federal government has created a list of Frequently Asked Questions regarding the implementation of the Summary of Benefits and Coverage, which begins September 23, 2012.This resource
can be a helpful guide for self-insured employers who need to provide these documents, and for brokers and employers to understand what they should expect from their health care insurer.