An act relating to annual reporting on health care sharing plans and arrangements
This bill requires health care sharing organizations that aren't licensed insurance providers in Vermont to annually report detailed financial and operational data to the state's Financial Regulation Commissioner. It affects entities offering "health care sharing plans" that facilitate payment for health care costs but operate outside standard insurance regulations. Organizations must submit specific information including participant numbers (individuals, households, employers), total fees collected, reimbursement requests processed, denied claims, and details about third-party partners. The Commissioner will compile these reports into a public annual summary posted online. This aims to increase transparency for Vermont residents using these non-insurance health care arrangements.
Bill status
introduced
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 28, 2025
Last action Jan 28, 2025
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Full legislative history
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1
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0
Committee
0
Jan 28, 2025
Introduced
Read first time and referred to the Committee on Health Care
lower
8 primary · 0 co-sponsors
Sponsors
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