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HCR Update: SBCs Being Mailed to Fully Insured Clients

Jul 24, 2012

Health Care Reform Update

July 20, 2012

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Summary of benefits and coverage contract addendums being mailed to fully insured clients 

Within the next seven to 10 business days, we anticipate mailing summary of benefits and coverage contract addendums to fully insured customers.

100% coverage of women's preventive health starts for plans effective Aug. 1 and after

Starting with plans effective on or after August 1, 2012, employers with nongrandfathered health plans will be required to cover women's preventive services without cost sharing.

Medical loss ratio surveys to be sent to employers soon

Before we can figure out medical loss ratio, we need to know if our customers are considered small or large group under the definition of the rules. So we're going to survey selected customers beginning July 25, 2012.

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This content is provided solely for informational purposes: It is not intended as and does not constitute legal advice. The information contained herein should not be relied upon or used as a substitute for consultation with legal, accounting, tax and/or other professional advisers.

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