An act relating to annual reporting on health care sharing plans and arrangements

S 132 requires health care sharing plans operating in Vermont without insurance authorization to submit detailed annual reports to the Commissioner of Financial Regulation starting October 2025. These reports must include participant numbers (individuals, households, employers), financial data (fees collected, reimbursements processed), provider contracts, marketing materials, and third-party relationships. The Commissioner will summarize this information and post it publicly each year. This directly affects non-insurance health sharing organizations serving Vermont residents. The bill creates a transparency mechanism for oversight, not new coverage rules.