Summary of Benefits and Coverage

Acronym: SBC

A summary of benefits and coverage (SBC) is a document that gives an overview of the costs, covered services, benefits, and other details of a health insurance policy. It is a simple and standardized comparison document required by the Patient Protection and Affordable Care Act (PPACA). All insurance plans are required to produce an SBC based on a uniform template and customized to reflect the plan’s unique terms. SBCs are designed to help you understand what’s covered by your health plan and to directly compare insurance plans.