Posts tagged Section 202 of the Consolidated Appropriations Act, 2021.
New Disclosure Requirements for Those that Contract with ERISA Group Health Plans

Included within the 5539 pages of statutory changes in the Consolidated Appropriations Act, 2021 (the COVID-19 relief bill signed into law at the end of December 2020) are important new “transparency” laws that affect third party administrators and other providers who contract with ERISA-regulated group health plans for certain brokerage and consulting services.

Section 202

Section 202 of the new law requires “covered service providers” who enter into contracts or arrangements with ERISA-regulated group health plans to disclose direct and indirect compensation ...

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