As an employer, you have a right to know exactly how your insurance broker is compensated. Federal law, under ERISA section 408(b)(2)(B), requires brokers to provide a detailed compensation disclosure. This is crucial for understanding who pays them, how much, and why, so you can determine if their advice is truly in your best interest or if they are influenced by payments from the insurance industry. We encourage you to download the provided disclosure form and ask your broker to complete it. Pay close attention to the section on “indirect compensation,” as this will reveal potential biases in their recommendations.