Distribute Group SBCs by November 1

2018 summary of benefits and coverage (SBC) documents must be distributed to your employees by November 1, 2017. If you haven’t yet distributed these notices, take time to do that now.

The SBC is an annual disclosure required by the Affordable Care Act. It gives employees information about certain NRECA health plans so that they can compare features and make coverage decisions.

In September, your cooperative should have received an SBC for all medical plans and wellness stand-alone plans. Also, if your co-op pays 100% of the premium for the NRECA Dental Plan or the NRECA Vision Plan you received a dental or vision SBC. SBCs were not distributed for the VSP vision plan.

Find your SBCs by following the link in your original Message Center notification, or go directly to the Group Plan Documents page of the Employee Benefits website. Distribution instructions are also available online, including detailed requirements for distributing the documents electronically.

Once you’ve distributed the SBCs, fill out the acknowledgment form on the Employee Benefits website. You can acknowledge distributing SBCs for multiple plans in one step.

If you have any questions about distributing your SBCs, contact the benefits compliance team at 866.673.2299, option 7, or at group.compliance@nreca.coop.