Hidden Fee Disclosure Act of 2025
[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 2041 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 2041 To amend the Employee Retirement Income Security Act of 1974 to clarify and strengthen the application of certain employer-sponsored health plan disclosure requirements. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES March 11, 2025 Mr. Courtney (for himself and Mrs. Houchin) introduced the following bill; which was referred to the Committee on Education and Workforce _______________________________________________________________________ A BILL To amend the Employee Retirement Income Security Act of 1974 to clarify and strengthen the application of certain employer-sponsored health plan disclosure requirements. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Hidden Fee Disclosure Act of 2025''. SEC. 2. CLARIFICATION OF THE APPLICATION OF FEE DISCLOSURE REQUIREMENTS TO COVERED SERVICE PROVIDERS. (a) Services.--Clause (ii)(I)(bb) of section 408(b)(2)(B) of the Employee Retirement Income Security Act of 1974 (29 U.S.C. 1108(b)(2)(B)) is amended-- (1) in subitem (AA) by striking ``Brokerage services,'' and inserting ``Services (including brokerage services),''; and (2) in subitem (BB)-- (A) by striking ``Consulting,'' and inserting ``Other services,''; and (B) by striking ``related to the development or implementation of plan design'' and all that follows through the period at the end and inserting ``any of the following: plan design, claim repricing, insurance or insurance product selection (including vision and dental), recordkeeping, medical management, benefits administration selection (including vision and dental), stop-loss insurance, pharmacy benefit management services, wellness design and management services, transparency tools,
Labor and Employment
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