Premium Transparency Act

Refreshed 5 h ago

Introduced 2026-06-23Topic: health care

Summary

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This bill would require health insurance companies, including those selling grandfathered plans, to report to federal regulators and post on their websites what share of premium money they spend on medical claims, quality improvement, and other costs, and how much they keep, starting with plan years beginning in 2027. Medicare Advantage organizations would have to report and post similar figures for each plan, including total revenue, spending on claims, and non-claims costs. Starting with 2029 plan years, health insurance Exchange websites would have to show this information when comparing plans. The bill also directs the Secretary of Health and Human Services to issue guidance by January 1, 2028, on describing premiums, deductibles, out-of-pocket limits, cost-sharing, and other plan features in a standardized, plain English format.

Full text and official record on Congress.gov

Action history

Date	Chamber	Action	Status effect
2026-06-25	House	Forwarded by Subcommittee to Full Committee by Voice Vote.	refer
2026-06-25	House	Subcommittee Consideration and Mark-up Session Held	refer
2026-06-23	House	Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.	refer
2026-06-23	House	Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.	refer
2026-06-23	House	Referred to the Subcommittee on Health.	refer
2026-06-23		Introduced in House	introduce
2026-06-23		Introduced in House	introduce

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