Six federal agencies have issued a final rule requiring insurers to provide to consumers at the time of enrollment a plain-English summary of benefits and coverage, and a uniform glossary of terms.
The rule is mandated under the Affordable Care Act. The agencies—the Internal Revenue Service, Department of Treasury, Employee Benefits Security Administration, Department of Labor, Centers for Medicare and Medicaid Services, and Department of Health and Human Services (HHS)—also have issued a notice outlying templates, instructions and related materials, and guidance for compliance.
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