U.S. Proposes Revised Summary Of Benefits Template

On February 25, 2015 the departments released a proposed revised SBC template, proposed individual and group instructions, and a proposed uniform glossary. The proposed template is shorter than the NAIC-recommended SBC template. The documents are exposed for a thirty-day comment period. They will presumably not be effective for marketplace coverage beginning January 1, 2017, but could be effective for plan years beginning with the second quarter of 2017.