Chelko Offers to Take on Fiduciary Role
Since day one (now going on 25 years), Chelko has always conducted analysis and provided recommendations free of any conflicts of interest. This includes our unique policy of never accepting overrides or contingent rewards from vendors — unheard of among our competitors.
While we’ve always believed that differentiation was a big deal, the truth of the matter is, most prospective clients never seemed to care much. That is, until recent legislation (CAA) and related class action lawsuits (i.e., Lewandowski v. Johnson & Johnson) captured their attention.
With a brighter spotlight on fiduciary responsibilities related to health and welfare benefit plans, we’ve decided to take our commitment a step further. (more…)