California SB1244 mandates disclosure of compensation and material financial interests for service providers in health care benefits arrangements for.
California SB1244, known as the Public Agency Benefits Intermediary Compensation Disclosure Act, requires brokers, agents, consultants, and advisors to disclose compensation and material financial interests when providing services to public agencies for health care benefits arrangements. This includes direct and indirect compensation, material business relationships, and any compensation received for recommending or influencing public agencies to join or remain with joint powers authorities or public joint labor management trusts.
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- Legal Framework
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