Broker Compensation Disclosure Requirements Update: Good Faith Compliance Standard Announced


Since the passage of the Consolidated Appropriations Act, 2021 (CAA), the National Association of Health Underwriters (NAHU) has been advocating for guidance from the DOL regarding the broker compensation transparency requirements included in the bill. Late last week, the DOL released a bulletin including a temporary enforcement policy, an emphasis on good faith compliance and several other items NAHU specifically requested clarification on.

CLICK HERE to view the update.

To discuss the best methods for implementing this requirement for your agency and business practices, please contact Jim LaFleur.