New Disclosure Requirements Service Brokers and Consultants of Group Health Plans

Buried in the Consolidated Appropriations Act of 2021 (the “Act”), which is most known for its $2.3 trillion spending bill that combines $900 billion in stimulus relief for the COVID-19 pandemic, are important new rules requiring group health plan service brokers and consultants to disclose compensation that they receive in connection with services related to these plans. These new disclosure rules add a layer of transparency and are intended to provide information to the plan fiduciary to...
By: Genova Burns LLC

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