Thursday, July 19, 2012

Summary of Benefits and Coverage Rule (SBC)

Blue Shield just announced how it will be handling the Summary of Benefits and Coverage Rule (SBC) under the Affordable Care Act (ACA).  By September 23, 2012 carriers are to distribute the SBC to all members.  Blue Shield has announced that for group coverage they will be electronically sending the SBC to the policy holder (the owner/administration of the business) and that they will then be responsible to distribute it out to the members/employees. 

As for Individual and Family Plans the SBC will be available online at www.blueshieldca.com .  Members will be able to go online and get it.  If they can not go online, they can call Blue Shield and request it. 

It is reasonable to conclude that the other carriers will be handling this the same way.  By August the carriers will be sending out information to the policy holders on their exact implementation of this rule.  If your carrier is planning something different they will notify you of this.  If you have any questions about this or any other item relating to health insurance or life insurance you may reach us at (714)680-5900 or email us at angela@ansainsuranceservices.com.  You can also look us up at our website at www.ansainsuranceservices.com .



No comments:

Post a Comment