Another Healthcare Reform Provision Delayed

This time the DOL has pushed back the implementation deadline for the Summary of Benefits and Coverage (“SBC”) that employer-sponsored plans are required to distribute to employees. The SBC is intended to provide a summary of benefits employees receive under their employer-sponsored plan.

The DOL issued proposed regulations over the summer, detailing specific disclosure requirements. On its website last week, however, it announced that it intended to delay the effective date of until it issues final regulations.

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