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Using ERISA as a Transparency Sword, Not a Shield: Part 2
American Enterprise Institute Link to more items from this source
[Opinion]
June 1, 2023

"The private-sector self-help approach would build on ERISA's disclosure requirements under section 1024(b)(4) of the law. As properly read, they should compel self-insured employer-plan fiduciaries to disclose all prices, rates, and plan terms 'upfront' for participants in the plan. That would include obtaining negotiated rate information from insurance companies that help administer the plan, to ensure that its assets are being utilized prudently and in the best interests of its employee participants."

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