When shopping for a health insurance plan on a Marketplace, you may have come across a link to a document titled “Summary of Benefits and Coverage” (SBC) within the health plan details. If you’ve ever clicked on an SBC, you know how overwhelming and confusing it can seem! There’s a lot of information to unpack! Understanding how to read this document can help you choose the best health plan for your needs.
What an SBC is and where to find it
An SBC is a snapshot of a health plan’s costs, benefits, covered health care services, and other features that may be important to you. Essentially, this document is meant to help you understand what your plan covers and what you’ll need to pay when utilizing care services. All insurance companies are required by law to provide this document, and all SBCs outline the same basic information.
If you’re shopping for a health plan through HealthCare.gov, or a trusted partner, such as W3LL, the site will give you access to each plan’s SBC to help you determine if the plan meets your needs.
In general, you can view/will receive an SBC when:
-
- you’re shopping for a plan
- you’ve enrolled in a new health plan
- changes were made to your plan between when you enrolled and when your coverage started
- changes were made to your plan on renewing your coverage – or sometime during the coverage period
- you request them from your insurance company
The purpose of an SBC Summary of Benefits and Coverage
SBCs can help you figure out what plan is best for you when shopping for health insurance. It’s common for people to breeze through the document without fully reading or understanding every aspect of it. Not knowing all the details of your plan may cause you to end up with surprise health care bills! Becoming an SBC superstar will help you know what to expect if, for example, you experience an emergency or need a specific medical treatment.
You should also use SBCs to help you understand what best suits your specific health needs. For example, if you’re pregnant or planning to become pregnant, look closely at the “If you are pregnant” section of the document. Here you’ll find information related to prenatal and postnatal care, as well as the delivery of your newborn. It will also give you details that can help guide your care decisions – like what it will cost to visit an in-network vs. an out-of-network doctor.
Now, let’s walk through an actual SBC
While seemingly overwhelming, an SBC outlines what you’re getting when you purchase a specific plan. Below, see a sample SBC with key terms and plan information called out.
What do these words mean?
Now that you understand how to access and review an SBC, you’re probably still wondering what many of these words mean. Many electronic SBCs will include links to definitions. If you want to be well-versed before opening and reviewing an SBC, we suggest you take a look at our glossary of common health insurance terms. Our glossary includes definitions of common words listed in SBCs. With a little effort, you’ll be an expert in no time!
Ready to select a plan that’s perfect for you? Get started now with W3LL!
canadian drug prices
best place to buy cialis online forum generic cialis best price daily cialis reviews
ivermectin injection oral ivermectin for pigs ivermectin for ducks
how to fix ed best pills for ed best non prescription ed pills
over the counter ed remedies legal to buy prescription drugs from canada erectile dysfunction cure
natural ed remedies ed medications over the counter meds online without doctor prescription
cialis 20 mg price cvs cialis usa online cialis 20mg online
ivermectin for rabbit ear mites goat lice treatment ivermectin can ivermectin paste be used topically
fenbendazole vs ivermectin can you use ivermectin on cats ivermectin tablets order
ivermectin dose calculator how to use ivermectin paste for humans stromectol (3mg) 4 tabs
amoxicillin without a doctor’s prescription buy prescription drugs online without best ed pills non prescription
finasteride online buy propecia usa generic for propecia
pet meds without vet prescription canada carprofen without vet prescription prescription without a doctor’s prescription
ed drugs list cheap ed pills best ed pills online
buy propecia without a prescription finesterude no prescription propecia india
india pharmacy mail order india pharmacy without dr prescriptions prescriptions from india
top rated canadian pharmacies online pharmacy without dr prescriptions recommended canadian pharmacies
generic drugs without doctor’s prescription canada rx drugs online meds online without doctor prescription
cialis tadalafil 10mg price cialis pills
viagra pills viagra pills viagra pills
where to buy liquid cialis cialis from india cialis 20mg
stromectol for sale stromectol for sale stromectol
sildenafil citrate tablets 100 mg viagra sildenafil 100 mg lowest price
price for viagra sildenafil 100 mg viagra pills
liquid ivermectin for dogs stromectol tablets for humans stromectol for sale
ivermectin oral for dogs how long does ivermectin toxicity last in dogs stromectol for sale
stromectol for humans for sale ivermectin walmart stromectol tablets for humans
where to buy viagra online viagra tablets for men best place to buy generic viagra online
viagra cost viagra best over the counter viagra
canada pharmacy estrogen without prescription
low cost prescription drugs
pharmacy online
prescription drugs canadian
buying viagra online sildenafil 20 mg viagra over the counter
shopping for cialis cialis cheep cialis
local generic cialis in united states generic version of cialis cialis dosage strengths
coupon for cialis tadalafil 20mg best price online generic cialis
cialis with diapoxetine price of cialis 20 mg cialis male enhancement
cialis and blood pressure tadalafil 20mg europe cialis
cialis generic no prescription price of cialis 20 mg which is better viagra or cialis
sildenafil vs tadalafil
how to take sildenafil 20 mg
sildenafil for women
purchase imitrex online cheap – cheap imitrex buy sumatriptan online cheap