Private Exchanges & Fiduciary Obligations

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As employers are exploring the potential benefits of private exchanges when offering health benefits to their employees as part of a total rewards package, they should be careful to note that the use of a private exchange does not relieve them of all of their fiduciary obligations.

In an effort to assist employers that are considering a private exchange, this whitepaper highlights the key responsibilities that will remain with an employer continuing to act as the plan fiduciary.