Creates a new program to help lower health insurance costs for some Americans.
This bill creates a new federal reinsurance program to help health insurance companies cover high-cost claims for certain individual plans, potentially lowering premiums. It also gives some insurers more pricing flexibility and requires healthcare providers to be more transparent about costs, with changes starting in 2026.
Today, health insurance companies generally must follow rules about how they group patients for pricing and how much premiums can vary by age. This bill would create a new federal reinsurance program to help insurers pay for high-cost claims, potentially lowering premiums for some individual plans. It would also allow some insurers to offer plans that are not subject to current age-based pricing limits, and it would require healthcare providers to disclose if insured patients' costs are higher than cash prices, starting in 2026.
HR 1776 · 119th Congress · March 3, 2025 · AI Summary by gemini-2.5-flash · 10/10
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Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.