12 | 13 | | A BILL TO BE ENTITLED 1 |
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13 | 14 | | AN ACT PROVIDING THAT COUNTIES AND CITIES SHALL REQUIRE BENEFIT 2 |
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14 | 15 | | PROVIDERS TO SUBMIT AN ANNUAL COMPENSATION DISC LOSURE. 3 |
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15 | 16 | | The General Assembly of North Carolina enacts: 4 |
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16 | 17 | | SECTION 1. Article 23 of Chapter 153A of the General Statutes is amended by 5 |
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17 | 18 | | adding a new section to read: 6 |
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18 | 19 | | "§ 153A-466. Compensation paid to benefit providers. 7 |
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19 | 20 | | Each provider of life, health, or other insurance, or other fringe benefits, including voluntary 8 |
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20 | 21 | | benefits, to county employees, dependents of county employees, or persons retired from county 9 |
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21 | 22 | | employment shall, on an annual basis, submit to the county a full compensation disclosure of all 10 |
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22 | 23 | | funds paid to the provider by the county. For purposes of this section, the term "provider" 11 |
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23 | 24 | | includes, but is not limited to, an agent, broker, consultant, third-party administrator, pharmacy 12 |
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24 | 25 | | benefits manager, and insurance company. The compensation disclosure shall include all of the 13 |
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25 | 26 | | following: 14 |
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26 | 27 | | (1) All income paid, directly or indirectly, to the provider, including, but not 15 |
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27 | 28 | | limited to, commissions, bonuses, fees, including fees for consulting or 16 |
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28 | 29 | | administrative services, and management compensation for shared risk 17 |
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29 | 30 | | arrangements in which the county participated for life, health, and other fringe 18 |
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30 | 31 | | benefits, including voluntary benefits. 19 |
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31 | 32 | | (2) An affirmation that none of the compensation paid by the county has been 20 |
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32 | 33 | | provided to any county employee or elected official, directly or indirectly." 21 |
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33 | 34 | | SECTION 2. Article 21 of Chapter 160A of the General Statutes is amended by 22 |
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34 | 35 | | adding a new section to read: 23 |
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35 | 36 | | "§ 160A-485.1. Compensation paid to benefit providers. 24 |
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36 | 37 | | Each provider of life, health, or other insurance, or other fringe benefits, including voluntary 25 |
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37 | 38 | | benefits, to city employees, dependents of city employees, or persons retired from city 26 |
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38 | 39 | | employment shall, on an annual basis, submit to the city a full compensation disclosure of all 27 |
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39 | 40 | | funds paid to the provider by the city. For purposes of this section, the term "provider" includes, 28 |
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40 | 41 | | but is not limited to, an agent, broker, consultant, third-party administrator, pharmacy benefits 29 |
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41 | 42 | | manager, and insurance company. The compensation disclosure shall include all of the following: 30 |
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42 | 43 | | (1) All income paid, directly or indirectly, to the provider, including, but not 31 |
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43 | 44 | | limited to, commissions, bonuses, fees, including fees for consulting or 32 |
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44 | 45 | | administrative services, and management compensation for shared risk 33 |
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45 | 46 | | arrangements in which the city participated for life, health, and other fringe 34 |
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