HB4508: Hidden Fee Disclosure Act
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
To amend the Employee Retirement Income Security Act of 1974 to clarify and strengthen the application of certain employer-sponsored health plan disclosure requirements.
Plain-language summary
This bill would strengthen rules requiring employer health plans to disclose hidden fees to workers. The bill amends ERISA, a federal law governing retirement and health benefit plans. It clarifies what information plans must reveal about costs and charges. The changes aim to make fee disclosures clearer and more complete. The bill was recently introduced in Congress and is in the early stage of review.
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HB4508: Hidden Fee Disclosure Act