Clarification of the application of fee disclosure requirements to covered service providers

(a) Services Clause (ii)(I)(bb) of section 408(b)(2)(B) of the Employee Retirement Income Security Act of 1974 (29 U.S.C. 1108(b)(2)(B)) is amended— (1) in subitem (AA) by striking Brokerage services, and inserting Services (including brokerage services),; and (2) in subitem (BB)— (A) by striking Consulting, and inserting Other services,; and (B) by striking related to the development or implementation of plan design and all that follows through the period at the end and inserting any of the following: plan design, claim repricing, insurance or insurance product selection (including vision and dental), recordkeeping, medical management, benefits administration selection (including vision and dental), stop-loss insurance, pharmacy benefit management services, wellness design and management services, transparency tools, group purchasing organization agreements and services, participation in and services from preferred vendor panels, disease management, compliance services, employee assistance programs, or third party administration services, or consulting services related to any such services.. (b) Disclosures Clause (iii)(III) of section 408(b)(2)(B) of the Employee Retirement Income Security Act of 1974 (29 U.S.C. 1108(b)(2)(B)) is amended by striking, either in the aggregate or by service, and inserting by service.