Everything Employers need to manage the new health plan fiduciary process

Educate yourself on the Consolidated Appropriations Act, the CAA 2021

Activate your Fiduciary team

Complete your process with
our step-by-step guide

The CAA clock is ticking!

  • Every employer with a health plan must activate and document a fiduciary process, by 12/31/2023, and they don’t know how.
  • Penalties are $100 per day, per employee and,
  • exposure to employee lawsuits.
  • HPfid offers everything a plan sponsor needs to manage a compliant fiduciary process in three easy steps.

Activated Fiduciaries Pay Less for Health Care

The Consolidated Appropriations Act (CAA) mandates a fiduciary process be implemented for employer sponsored Health Plans. Employers must perform specific assessments, and submit documents to the government and attest that they have done so. The enactment of the CAA empowers plan sponsors to take control of their fiduciary responsibilities…as well as their plan costs.

Your Health Plan Fiduciary Guide

With over 30 years of ERISA and state compliance expertise, we’ll show you how to uncover fees and hidden costs within agreements that may be costing your business and participants, help you develop a process to proactively monitor plan administration to avoid fiduciary failures and legal action, and guide you through a simple process to achieve health plan fiduciary compliance.

Your Subscription Gives You Access to:

On-demand Courses

Learn at your own pace with the convenience and flexibility of on-demand courses led by our team of fiduciary compliance experts.

Educational Resources

Access our comprehensive library of educational resources to understand and navigate the complexities of CAA compliance.

Legal Document Templates

Save time and money. Easily customize and download legal forms, documents, and letters crafted by licensed attorneys.

Fiduciary Process Tools

Activate your fiduciary team and quickly establish best practices and internal processes for your employer sponsored health plans.

How-to Guides

Efficiently and accurately navigate required health plan compliance requirements using our step-by-step how-to guides.

Data Benchmarking

Learn to evaluate health plan data and benchmark costs to meet fiduciary requirements and drive plan savings.