S 4027

The Healthy Competition for Better Care Act aims to increase competition in healthcare by prohibiting anticompetitive terms in contracts between health insurance plans and healthcare providers. Specifically, it restricts agreements that limit a health plan’s ability to direct patients to other providers or offer incentives for using specific providers, or that require the plan to enter into additional agreements with affiliated providers. The bill also includes grandfathering provisions for existing contracts and establishes a timeline for regulatory implementation across the Public Health Service Act, the Employee Retirement Income Security Act, and the Internal Revenue Code.