Employers: Request New Compensation Disclosures from Health Plan Service Providers

The recent budget legislation passed by Congress (“CAA 2026”) expands the types of service providers that must provide compensation disclosures to plan administrators of group health plans subject to ERISA. These are commonly referred to as “408(b)(2) disclosures” because they are required under Section 408(b)(2) of ERISA.... By: Haynes Boone