Benefits Think When patterns repeat, markets will follow
With raised fiduciary expectations, the health benefits market will move toward more transparent, level-fee structures and fiduciary-aligned advice.
Jamie Greenleaf
Co-founder
Benefits Think Perfect storm or long overdue reckoning?
Transparency is becoming the baseline, with visibility into compensation streams and financial relationships increasingly expected rather than optional.
Benefits Think Stop loosely using the word fiduciary
The opportunity ahead is about building the same kind of thoughtful, documented, process-driven governance in health care that transformed retirement plans.
Benefits Think When ‘shared savings’ really means shared conflicts
Just as hidden fees became the hallmark issue in 401(k) fiduciary litigation, shared savings is quickly becoming the next flashpoint in health plan oversight.
Benefits Think Don’t let guard down on PBM oversight despite J&J suit dismissal
Nothing in the court's ruling reduces or eliminates the fiduciary obligations that health plan sponsors must uphold under ERISA.
By
Dae Y. Lee
Benefits Think Health plan fiduciary breaches persist under CAA
Ignoring new requirements will cost fiduciaries and vendors time and money.
Benefits Think How CAA ups the ante for health plan sponsors
Employers will need to acknowledge they are a plan fiduciary, establish a committee to manage the process and document all administrative decisions.
Benefits Think CAA raises the bar on fiduciary governance for health plans
As employers establish procedures to manage their liabilities under the Consolidated Appropriations Act, brokers will be held to a new standard.