Requires health insurers to share costs and benefits in plain language.
This bill would make it easier for people to understand their health insurance. It would require health insurers and Medicare Advantage plans to publish details about their overhead costs and how they spend premium money. It would also make sure benefit information is provided in a clear, standardized format.
Today, health insurers and Medicare Advantage plans do not have to publicly share detailed information about their overhead costs or how they spend premium money. If this bill passes, these companies would have to publish this financial data on their websites starting January 1, 2027. Also, by January 1, 2028, all health plans would need to provide benefit information in a clear, standardized format. Health insurance shopping websites would then display this new cost data by January 1, 2029.
HR 9397 · 119th Congress · June 23, 2026 · AI Summary by gemini-2.5-flash · 10/10
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