The bill would require health insurers offering group or individual coverage, including grandfathered plans, to report and publicly post specified premium-revenue, overhead-cost, and claim-payment information for plan years beginning on or after January 1, 2027. It would impose similar disclosures on Medicare Advantage organizations, require Exchanges to include certain prior-year insurer information for plan years beginning on or after January 1, 2029, and direct the Secretary of Health and Human Services to issue standardized plain-English insurance-information guidance by January 1, 2028. The guidance would cover premiums, deductibles, out-of-pocket limits, networks, cost sharing, and other plan features, but would not require plans to offer those features.

FactVote-generated overview; it is not an official CRS summary.