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In June 2016, AmSurg Corp. and Envision Healthcare Holdings, Inc. (Envision) announced they have signed a definitive merger agreement pursuant to which the companies will combine in an all-stock transaction. Upon completion of the merger, which is expected to be tax-free to the shareholders of both organizations, the combined company will be named Envision Healthcare Corporation and co-headquartered in Nashville, Tennessee and Greenwood Village, Colorado. The company's common stock is expected to trade on the New York Stock Exchange under the ticker symbol: EVHC. Bass, Berry & Sims served as lead counsel on the transaction, led by Jim Jenkins. Read more.

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Inside the FCA blogInside the FCA blog features ongoing updates related to the False Claims Act (FCA), including insight on the latest legal decisions, regulatory developments and FCA settlements. The blog provides timely updates for corporate boards, directors, compliance managers, general counsel and other parties interested in the organizational impact and legal developments stemming from issues potentially giving rise to FCA liability.

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Updated Summary of Benefits and Coverage Released


April 26, 2013

On April 24, 2013, the Department of Labor ("DOL") posted its 14th set of frequently asked questions ("FAQs") addressing implementation of the Patient Protection and Affordable Care Act, as amended ("Affordable Care Act"). The new FAQs discuss and provide an updated Summary of Benefits and Coverage ("SBC") template to be used by group health plans and insurers to describe the coverage in effect for plan and policy years beginning on and after January 1, 2014.

The new SBC template, available here, now includes statements describing whether the plan or policy (i) provides "minimum essential coverage" and (ii) meets the "minimum value" standard. These terms are relevant for the purpose of determining whether and to what extent an employer shared responsibility (or "play or pay") penalty might apply, among other purposes (including, for example, the applicability of the individual shared responsibility penalty and the availability of subsidized exchange coverage for an individual). Specifically, the new entries on the SBC are:

Does this Coverage Provide Minimum Essential Coverage?
The Affordable Care Act requires most people to have healthcare coverage that qualifies as "minimum essential coverage." This plan or policy [does/does not] provide minimum essential coverage.

Does this Coverage Meet the Minimum Value Standard?
The Affordable Care Act establishes a minimum value standard of benefits of a health plan. The minimum value standard is 60% (actuarial value). This health coverage [does/does not] meet the minimum value standard for the benefits it provides.

Otherwise, the SBC template and the corresponding uniform glossary, available here, are unchanged.

As a reminder, the SBC is required to be distributed to participants and beneficiaries:

  • as part of initial application materials for enrollment (and again by the first day of coverage, if there are changes to the information in the SBC between application and enrollment);
  • as part of annual enrollment materials (or, if no annual enrollment is held, the SBC must be provided at least 30 days prior to the new plan or policy year, with some flexibility for an insured plan in the event of a late insurance policy issuance or renewal);
  • to special enrollees, within 90 days of their special enrollment;
  • at any time upon request, within seven business days of the request; and
  • at least 60 days prior to the effective date of any mid-year material change to the benefits/coverage described in the SBC.

The SBCs may be distributed electronically if certain requirements are met—see Q1 in FAQs Part IX.

Be sure to include this SBC update in your ongoing Affordable Care Act implementation plans (for example, a calendar year group health plan will need to incorporate the update in the enrollment materials it prepares for distribution later in 2013, for coverage effective January 1, 2014). If you have questions about the revised SBC or any other Affordable Care Act requirements as they relate to your group health plan(s), please contact any of the attorneys in our Employee Benefits Practice.

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