An Act amending Title 40 (Insurance) of the Pennsylvania Consolidated Statutes, in preliminary provisions relating to health insurance markets oversight, further providing for definitions; and, in State-based exchange, further providing for powers and duties of exchange authority and for reports.

Summary

The bill revises Title 40 of the Pennsylvania statutes to add new definitions and oversight rules for health‑insurance markets. It also clarifies the powers, responsibilities, and reporting requirements of the state‑based health‑insurance exchange. The changes aim to improve regulatory clarity and accountability for insurers and the exchange.

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