S 3418

Compete act

Introduced

Jurisdiction

US Congress

Session

119th Congress (2025-2026)

Last updated at

Jun 14, 2026, 7:52 AM

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Introduced
Passed Senate
Passed House
To President
Became Law

Bill overview

The COMPETE Act aims to promote competition in the health insurance market by clarifying the definition of ‘short-term limited duration insurance.’ Specifically, it expands the definition to include plans with a maximum coverage period of 12 months and allows for renewal guarantees that don't increase premiums. This legislation seeks to increase consumer choice and potentially lower healthcare costs by fostering competition among insurers.

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2025-12-10

Introduced in Senate

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S 3418

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Bill overview

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Legislative history