Broker Compensation Disclosure

Broker Compensation Disclosure Requirements under the CAA, 2021

Broker Compensation Disclosure. Requirements under the CAA, 2021 -. Group Health Plans. November 2021. Page 2. Table of Contents. 1 Executive Summary. 2 ...

New broker compensation disclosure rules: What you need to know ...

Most brokers and consultants providing services to ERISA-covered group health plans to disclose to plan fiduciaries (typically, the plan sponsor), in writing, ...

Broker Compensation Disclosure Requirements - Amwins Connect

What the disclosures must include · A description of the services to be provided to the plan pursuant to the consulting or brokerage services agreement; · If ...

Understanding the Broker Commission Disclosure

The law, which took effect on December 27, 2021, requires brokers and consultants to disclose expected commissions, in writing, to their ...

Broker Compensation Disclosure Information - NABIP

This document provides a detailed overview of the Consolidated Appropriations Act's broker compensation disclosure requirements for the group market.

CAA Compensation Disclosure Resource Guide - Solstice Benefits

Under Section 202 in the Consolidated Appropriations Act of 2021 (CAA), agents, brokers, and consultants. (“covered service providers”) must disclose actual ...

Broker Compensation Disclosure - Warner Pacific

Disclosure is required for all forms of compensation including standard compensation, bonuses, finder's fees, advance or prepaid commissions, third party ...

Broker Compensation Disclosure - Lawley Insurance

Beginning Dec. 27, 2021, as part of the CAA, Covered Service Providers (CSPs) – i.e., insurance brokers and consultants—must disclose all ...

New compensation disclosure rules impact brokers, consultants and ...

The Consolidated Appropriations Act, 2021 (CAA) imposes new compensation disclosure requirements for group health plans subject to the Employee Retirement ...

DOL Q&As for CAA Broker Disclosures

The FAB is clear that the DOL gives flexibility to covered service providers on how they disclose compensation they reasonably expect to receive ...

Broker Compensation Disclosure Update - Amwins Connect

Brokers and consultants supplying services to ERISA-covered group health plans disclose to plan fiduciaries (typically the employer plan sponsor), in writing, ...

Broker Compensation Disclosure Requirements

Effective December 27, 2021, the Consolidated Appropriations Act (CAA) will establish new compensation transparency obligations for brokers and consultants.

US Department of Labor announces enforcement policy on ...

The amendments require persons providing “brokerage services” or “consulting” to ERISA-covered group health plans to disclose detailed ...

The Consolidated Appropriations Act's Compensation Disclosure ...

The Consolidated Appropriations Act, 2021, Public Law 116-260 (CAA) sets forth new compensation disclosure requirements that apply to brokers ...

Health Plan Brokers Face New Compensation Disclosure Rules

Beginning Dec. 27, 2021, as part of the CAA, covered service providers (CSPs)—i.e., insurance brokers and consultants—must disclose all compensation to clients ...

What Does Broker Compensation Disclosure Mean For Employers?

The Act requires covered service providers (CSPs), such as insurance brokers and consultants, to disclose all compensation to their clients if ...

Broker compensation disclosure: Will CAA put brokers on the hot seat?

The Consolidated Appropriations Act of 2021 (CAA) requires brokers and consultants who work in the health benefits field to disclose ...

Guidance Issued on Broker Compensation Disclosure

As reported earlier, beginning December 27, 2021, covered service providers (brokers and consultants) of ERISA-covered group health plans, regardless of ...

CAA Broker Compensation Disclosure Information and Resources

A tool brokers can use to generate compensation disclosures and access official carrier compensation program materials including standard, incentive, and bonus ...

Broker Compensation Frequently Asked Questions - NAIC

... Compensation Disclosure Amendment to the NAIC's Producer Licensing Model Act. This document is not intended as legislative history or to replace a state ...