Hidden Fee Disclosure Act of 2025

Bill 119 HR 2041, also known as the "Employee Retirement Income Security Act of 1974 Amendment," aims to make changes to the existing laws regarding employer-sponsored health plan disclosure requirements. The main goal of this bill is to clarify and strengthen the application of these requirements to ensure that employees have access to important information about their health plans.

The bill specifically targets the Employee Retirement Income Security Act of 1974 (ERISA), which sets standards for private sector employee benefit plans, including health plans. The proposed amendments seek to improve the transparency and accessibility of information related to these plans for employees.

Some of the key provisions of the bill include requiring employers to provide clear and comprehensive information about the health benefits offered through their plans, including details about coverage, costs, and any changes to the plan. The bill also aims to enhance the disclosure requirements for plan administrators, ensuring that they provide timely and accurate information to participants. Overall, Bill 119 HR 2041 seeks to empower employees by ensuring that they have access to the information they need to make informed decisions about their health benefits. By clarifying and strengthening the application of employer-sponsored health plan disclosure requirements, this bill aims to improve transparency and accountability in the administration of these plans.