• A group health plan utilizes a binding contractual arrangement where another party assumes responsibility to provide the SBC
• A group health plan uses two or more insurance products provided by separate issuers to insure benefits with respect to a single group health plan
• The SBC for student health insurance coverage is provided by another party (such as an institution of higher education)
These regulations finalize provisions in proposed regulations that were published on Dec. 30, 2014, in order to amend prior final regulations from Feb. 14, 2012. According to the Departments, the changes made by these final regulations are designed to improve consumers’ access to important health plan information and to provide clarification that will make it easier for group health plans and health insurance issuers to comply with the SBC requirement.