Although Workers’ Compensation was not the focus of the Affordable Care Act (ACA), it will certainly be impacted by it. The attached article reviews the pros and cons of how the ACA is expected to impact employers and their Workers’ Compensation programs… click here to view article
DS&P recently volunteered with Feed My Starving Children. This charity feeds malnourished children in 70 countries around the world. This volunteering session packed enough food to feed 41 children for a month. To learn more, visit: http://www.fmsc.org
Tags: Employee Benefits, Group Health, Health Care Reform, health insurance coverage
The Winter 2013 issue of DS&P’s “Safety Advisor” is now available online. Click here to view.
The newest issue of The Surety Report is now available for online viewing. Click here to read.
If you’re looking for additional information on Health Care Reform, you’ll find a wide array of helpful articles over at the Health Action Network.
Tags: Employee Benefits, Group Health, Health Care Reform, health insurance carriers, health insurance coverage, open enrollments, SBC, Summary of Benefits Coverage
Summary of Benefits and Coverage (SBC) Update
Starting with open enrollments beginning on or after September 23, 2012, health insurers (health insurance carriers) and group health plans (employers who sponsor the health plans) will have to provide clear, consistent and comparable information about health plan benefits and coverage. Specifically, consumers will receive:
- A short, easy-to-understand Summary of Benefits and Coverage (SBC)
- A list of definitions (Uniform Glossary) that explains terms commonly used in health insurance coverage such as “deductible” and “co-payment”
Health insurance carriers will provide the SBC to employers. The SBC can be provided electronically, additionally it can also be posted on an employers website or emailed. Click here for additional information on the Summary of Benefits and Coverage (SBC).
Please reach out to your DS&P benefits consultant (847.934.6100) if you have any questions.