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The Consolidated Appropriations Act ("CAA") includes a number of provisions enhancing transparency in the operation of group health plans. One of those provisions will require brokers...
To print this article, all you need is to be registered or login on Mondaq.com. The Consolidated Appropriations Act ("CAA") includes a number of provisions enhancing transparency in the operation of group health plans. One of those provisions will require brokers and consultants to make fee disclosures to a responsible plan fiduciary if the broker or consultant qualifies as a covered service provider. Background In general, certain transactions between an employee benefit plan and a party-in-interest, including a service provider, are prohibited transactions under ...