For purposes of complying with the new federal summary of benefits and coverage (SBC) rules, Medicare Advantage plan benefits are Medicare benefits, according to the Employee Benefits Security Administration (EBSA).
Timothy Jost and others who represent consumers in proceedings at the National Association of Insurance Commissioners (NAIC) are scoffing at the idea that the Patient Protection and Affordable Care Act of 2010 (PPACA) will have little effect on the small-group health insurance market.
The Employee Benefits Security Administration (EBSA) is trying to get employers and their benefits advisors ready to issue summaries of benefits and coverage (SBCs) by the Sept. 23 compliance date.
Provisions in the Patient Protection and Affordable Care Act of 2010 (PPACA) that have attracted little attention up till now could give health insurers and employers incentives to reduce the number of products and plan options they offer.