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Text of Final Template and Accompanying Materials for Summary of Benefits and Coverage, for Use on and After April 1, 2017
Centers for Medicare & Medicaid Services [CMS], U.S. Department of Health and Human Services [HHS]; and Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL]
[Official Guidance] Apr. 7, 2016 From the CMS press release: "Changes have also been made to the SBC to improve readability for consumers. The new templates include more information about cost sharing, such as enhanced language to explain deductibles and a requirement that plans address individual and overall out-of-pocket limits in the SBC. These improvements reflect input from consumer groups, the National Association of Insurance Commissioners, and other stakeholders. Health plans and issuers will use this final SBC template beginning on the first day of the first open enrollment period that begins on or after April 1, 2017." Includes:
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