Carriers say state insurance regulators should help them cope with unworkable benefits summary requirements.
Colleen Gallaher, a senior vice president at America’s Health Insurance Plans, has included a plea for help with the federal Summary of Benefits and Coverage requirements and the federal Uniform Glossary requirement in a comment letter.
Gallaher sent the letter to the Regulatory Framework Task Force, an arm of the National Association of Insurance Commissioners, to weigh in on a draft Individual Market Health Insurance Coverage Model Regulation draft.
PPACA requires health insurers and employer health plans to help people compare plan on an “apples to apples” basis by distributing SBCs and health insurance term glossaries that take up no more than four double-sided sheets of paper.
The glossary is supposed to define terms such as “deductible” and “balance billing.”