PPACA-ANOTHER PROVISION OF HEALTH REFORM DELAYED

Under the Affordable Care Act (PPACA), a provision requiring health care insurers and employer-sponsored health plans to furnish a standardized Summary of Benefit and Coverage (SBC) by March, 2012, has been delayed.  This provision has been put on hold because final rules and regulations have yet to be released by the Fed.  Therefore, the Department of Labor determined that carriers and employer-sponored health plans will not be required to issue SBC's until after the final rules and regulations are released.