Communicating Changes to Your Plan
This page covers the following topics:
- Overview
- ERISA Notice Requirements
- Summary of Benefits and Coverage (SBC) Notice Requirements
Overview
The Employee Retirement Income Security Act
(ERISA) generally allows a group health plan to modify its benefit plan
so long as the procedure followed is consistent with the plan terms and
ERISA. The plan administrator must inform participants of material
modifications to the plan or changes to the information contained in the
summary plan description (SPD) by providing them a summary of material
modifications (SMM) or a revised SPD. Additional notices are required under Health Care Reform in connection with the summary of benefits and coverage (SBC).