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Broker News | Vol. 7, No. 16 | August 10, 2012
Broker News | Vol. 7, No. 16 | August 10, 2012

Health Care Reform Website Updates on FSA and SBC

Excellus BCBS strives to bring the most updated news to our Health Care Reform website. Our Health Care Reform website has been recently modified to include an update to the Flexible Spending Account (FSA) contribution limit and the Summary of Benefits and Coverage (SBC) fact sheet.

  • FSA Contribution Limit - Starting in 2014, the maximum allowable salary reduction contribution to a cafeteria plan (Section 125 plan) Health Flexible Spending Account will be $2,500. Read our FAQ for more information. 
  • Summary of Benefits and Coverage - We have updated our fact sheet which provides a high-level overview of the Summary of Benefits and Coverage mandated by the Patient Protection and Affordable Care Act (PPACA). We have also updated the FAQ with information for both Insured and Self-Funded groups, as well as our expected timing for rolling out SBCs.

In addition to these updates, we have alphabetized the Resource tab, making it easier to find information. 

Please be sure to visit our Health Care Reform website for ongoing changes, as we continue to act as your trusted advisor on Health Care Reform. 

 

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