Section 202 (division BB) requires brokers, agents, and consultants to disclose any direct or indirect compensation related to brokerage services or consulting to group health plan sponsors.
Health plans are required to disclose compensation information to enrollees and the Department of Health and Human Services (HHS) for individual health coverage and short-term or limited-duration coverage.
Market impact of this provision effects Individual Family Plan (IFP), Small Business Markets (SBM), Core, Premier, Administrative Services Only (ASO) and Shared Advantage (SA) lines of business.
© California Physicians’ Service DBA Blue Shield of California 1999-. All rights reserved. California Physicians’ Service DBA Blue Shield of California is an independent member of the Blue Shield Association.
Health insurance products are offered by Blue Shield of California Life & Health Insurance Company. Health plans are offered by Blue Shield of California.