In this episode of The Benefits Brief, host David Saltzman sits down with Hugh O’Toole, CEO of Innovu and instructor of NABIP’s Healthcare Fiduciary Certification, to discuss the growing importance of fiduciary responsibility in employee benefits and how advisors can help employers navigate their obligations. Hugh explores common misconceptions about ERISA, the importance of transparency in vendor compensation and access to healthcare data, and why a documented decision-making process is essential for plan sponsors. He also provides an inside look at NABIP’s Healthcare Fiduciary Certification, including its practical five-step framework for evaluating benefit plans, improving outcomes and helping advisors guide clients through their fiduciary responsibilities with greater confidence.
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