Temporary Enforcement Policy on CAA Compensation Disclosures
The Consolidated Appropriations Act of 2021 (CAA) created new requirements for brokers and consultants to disclose any direct or indirect compensation they may receive for referral of services to ERISA-covered group health plan sponsors. The requirements began on Dec. 27, 2021. On Dec. 30, 2021, the U.S. Department of Labor (DOL) announced a temporary enforcement policy for these new requirements in Field Assistance Bulletin No. 2021-03. This Legal Update explains further.
VCG Consultants provides protection and peace of mind. We use cookies to capture information such as IP addresses and tailor the website to our clients‘ needs. We also use this information to target and measure promotional material. Please see our Privacy Policy for more information.ACCEPT
