Have You Distributed Your 2016 SBCs?

At the end of September, you should have received a Message Center alert linking to your 2016 Summary of Benefits and Coverage (SBC) documents. The SBC is a key disclosure that gives your employees information about NRECA medical, dental, and vision plans so that they can compare plan features and make coverage decisions. Your cooperative should have received an SBC for all medical plans and for the NRECA Dental and Vision Plans, if your co-op pays 100% of the premium.

If you haven’t yet distributed your SBCs, take time to do that now. The deadline to do so is November 1, 2015.

You’ll find the SBCs on the Employee Benefits website in the section entitled Summary of Benefit Coverage. Or, follow the link in the Message Center alert. If you need instructions for distributing your SBCs, review the guidelines in the Help & Resources section of the Employee Benefits website. You’ll also find a list of SBC Frequently Asked Questions in the Documents for Co-ops section of the Employee Benefits website.

Distribution acknowledgement is required

Once you’ve distributed the SBCs, fill out the acknowledgment form on the Employee Benefits website. Follow the link in the original SBC notification alert. A direct link to the acknowledgment form is on the Summary of Benefits & Coverage Distribution page. 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.