Plan administrators of group health plans, which includes all employers regardless of size or type of business with the exception of those that have been grandfathered, must provide a Summary of Benefits and Coverage (SBC) to eligible individuals. This requirement applies primarily to medical (PPO, HDHP, HMO, etc…) coverage. There are certain situations that an SBC is not needed for (i.e. stand-alone dental and vision benefits, most Health FSAs, retiree only plans, etc…).
If you would like a copy of our Highlights of the Summary of Benefits and Coverage Requirement, please request one here.