by Jeannie Wilcox | August 25, 2011 | Health Reform, Reporting and Disclosure
Coming soon to a group health plan near you: a summary of benefit coverage – or SBC. Federal agencies have issued proposed rules, including sample SBC documents and instructions, and a new SBC glossary that will need to be included with your four-page SBC. Mark...
by Jeannie Wilcox | August 18, 2011 | Health Reform
Everyone wants to make smart choices. But does the proposed standardized healthcare form (label) unveiled by federal regulators on August 17, 2011 help Americans understand the healthcare coverage they have, or how much a procedure will cost? Yes…and no. The form...
by Jeannie Wilcox | August 18, 2011 | Health Reform
Is there room for improvement in the realm of group health insurance? Sure, says senior vice president, director, compliance services for Lockton Companies, Ed Fensholt. However, don’t throw the baby out with the proverbial bath water. In trying to improve group...
by Jeannie Wilcox | August 18, 2011 | Health Reform
Right now, more than 160 million Americans get health insurance coverage from their employers. In 2014, all that could change as health insurance exchanges open their doors – as mandated by healthcare reform. Like all mandates, however, this directive does not...