Premium Transparency Act
To amend title XXVII of the Public Health Service Act and title XVIII of the Social Security Act to ensure health insurer accountability through publishing of overhead costs and claim payments, and to direct the Secretary of Health and Human Services to issue guidance on the provision of certain insurance information.
The Premium Transparency Act aims to make health insurance companies more accountable by requiring them to publish their overhead costs and claim payments. This bill seeks to amend parts of the Public Health Service Act and the Social Security Act. By doing so, it intends to give consumers clearer information about what they're paying for in their health insurance premiums.
This bill would primarily affect health insurance companies and consumers. For companies, it means they must be more transparent about their costs. For consumers, it means they will have more information to make informed decisions about their health insurance options. The bill also directs the Secretary of Health and Human Services to provide guidance on how to share certain insurance information with the public.
As of June 23, 2026, HB9397 was introduced in the House and referred to the Subcommittee on Health. It has already undergone a subcommittee consideration and mark-up session and was forwarded by the subcommittee to the full committee by a voice vote. The bill is currently in its early stages of the legislative process.
