In CommitteeFiled Mar 25, 2026
Sponsor: Rep. Grothman, Glenn [R-WI-6] (R)
Latest Action
Referred to the House Committee on Energy and Commerce.
Mar 25, 2026
Summary
The COMPETE Act adds a definition for short‑term limited duration insurance, limiting such policies to a maximum 12‑month term and allowing a renewal guarantee that does not involve new underwriting. It applies to health insurers that sell these short‑term plans and aims to increase consumer choice and keep premiums stable. The goal is to boost competition and affordability in the health‑insurance market.
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