Under the Affordable Care Act (ACA), the Summary of Benefits and Coverage (SBC) and Uniform Glossary was created to help consumers compare coverage options available to them. This disclosure requirement applies to both grandfathered and non-grandfathered plans. Group health plans and health insurance carriers are required to provide the SBC and uniform glossary free of

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As of February 13, 2015, current and former members can visit AnthemFacts.com or call 877-263-7995 to learn how to enroll in two years of free credit monitoring and identity theft repair services if their information was compromised in the security breach. Members are able to access these services prior to receiving a mailed notification from

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Anthem, Inc., the second biggest U.S. health insurer by market value, was the victim of a highly sophisticated cyber-attack that compromised over 78 million current and former members and employees records. The hackers obtained information which included names, birthdays, member ID/Social Security numbers, street addresses, email addresses and employment information, including income data. Based on

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The Affordable Care Act (ACA) created new reporting requirements under Internal Revenue Code Sections 6055 and 6056, whereby certain employers and insurers must provide information to the IRS about the health plan coverage they offer or do not offer to their employees. On February 8, 2015, the IRS released final versions of forms and instructions

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On Dec. 22, 2014, the Departments of Labor (DOL), Health and Human Services (HHS) and the Treasury (Departments) released proposed regulations concerning the summary of benefits and coverage (SBC). The proposed regulations would amend the final SBC regulations from February 2012, and would revise the SBC template, instructions guides and uniform glossary. The SBC template

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