Fierce Healthcare December 21, 2022
Provisions of the Consolidated Appropriations Act that go into effect next year will place more fiduciary responsibility upon self-insured employers for the health benefits they offer their employees. Experts expect that the healthcare waters will be roiled. (Getty Images)
Self-insured employers will have to dig into the details of the health plans they offer their employees more so than they ever had to before thanks to provisions in the Consolidated Appropriations Act (CAA) that will go into effect in 2023.
These employers will now need to be fiduciaries of the healthcare plans they offer. Of course, at least on paper, self-insured employers have been fiduciaries of their healthcare benefits since the passage of the Employee Retirement...
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