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questions and answers about health insurance and employee benefits

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Health Insurance FAQs
Health Insurance FAQs

questions and answers about health insurance and employee benefits

SPDs

How do SBCs relate to SPDs (Summary Plan Descriptions)?

HealthInsuranceFAQs, June 16, 2025January 25, 2026

Short answer: An SBC is a short, standardized snapshot of health coverage required under the Affordable Care Act, while an SPD is a detailed legal document required under ERISA; both are required, but they serve different purposes.

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Tax-Advantaged Accounts

  • POPs – Premium Only Plans
  • FSAs – Flexible Spending Accounts
  • DCAs – Dependent Care Accounts
  • HSAs – Health Savings Accounts
  • HRAs – Health Reimbursement Arrangements
  • MERPs – Medical Expense Reimbursement Plans
  • MPRAs – Medicare Premium Reimbursement Arrangements
  • ICHRAs – Individual Coverage HRAs
  • QSEHRAs – Qualified Small Employer HRAs

Compliance Requirements

  • Marketplace Notice
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  • COBRA
  • State Continuation
  • SBCs
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  • Medicare Part D Notice
  • Medicare Secondary Payer
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  • Employer Reporting
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