Distribute Summary of Benefits and Coverage Documents by November 1

November 1 is the deadline to give 2024 summary of benefits and coverage (SBC) documents to plan participants and beneficiaries. SBCs were released in September for distribution with your annual enrollment materials or by November 1, if earlier.

If you haven’t done so already, download your cooperative’s SBCs from the Group Plan Documents page of the Employee Benefits website. If your co-op offers either health flexible spending accounts or health reimbursement arrangements, create your own SBC using model notices that are available on the respective pages linked above (under “For Participants”).

Review the distribution instructions online. Verify who should receive each SBC and check to see if your participants qualify to receive required notices 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.