First reading: referred to Committee on Insurance
Summary
Starting in 2028, health carriers must provide a program that lets members compare prices and receive a cash or credit incentive when they choose a comparable service from a network provider paid less than the carrier’s average rate. An online portal must be available by the end of 2027, and carriers must report the incentives they pay. The measure targets most commercial health plans but does not apply to self‑funded ERISA plans or dental/vision coverage.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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