HHS, IRS, and DOL Proposed Rule on Summary of Benefits and Uniform Glossary
August 2011
Proposed rule from the Departments of Health and Human Services, Labor and Treasury "regarding disclosure of the summary of benefits and coverage and the uniform glossary for group health plans and health insurance coverage in the group and individual markets under the Patient Protection and Affordable Care Act. This document implements the disclosure requirements to help plans and individuals better understand their health coverage, as well as other coverage options." Specifically, according to HHS, "The proposed rules give consumers straightforward, standardized information on their choices upfront, helping them understand the key features of the policy or plan and allowing them to make a more informed decision... Health plans and issuers must also provide notice at least 60 days before any significant modification is made in the plan or coverage during the plan or policy year."
Fact sheet on the proposed regulations.
Draft template of the Summary of Benefits and Coverage.
HHS, IRS, and DOL Proposed Rule on Summary of Benefits and Uniform Glossary