Fiduciary Duty Unpacked: What Employers Must Know Under the CAA

In this episode Amanda Brummitt interviews Sarah Borders of Benefits Compliance Solutions about the Consolidated Appropriations Act’s fiduciary expectations for health plans. They cover who qualifies as a fiduciary, how duties mirror retirement plan rules, and what employers must document, request, and monitor — including vendor fees, claims data access, and governance practices. Ideal for CFOs, HR leaders, and plan fiduciaries, the episode gives practical, step-by-step advice: request compensation disclosures, verify data access, formalize oversight (committee/minutes), and keep clear documentation to reduce legal risk and demonstrate prudence.