SBC Reminder…

October 11 - Posted at 5:52 PM

Effective at you first open enrollment following 9/23/12, all groups will be required to distribute to all employees and their beneficiaries a copy of the Summary of Benefits & Coverage for all available health care plans. You will also be required to distribute the SBC to all new hires. Failure to distribute the SBC to employees can result in a $1000 fine per offense. Are you prepared to implement this requirement into your company?

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