Healthy Competition for Better Care Act

TL;DR (AI)

• The bill prohibits group health plans and health insurance issuers from entering into agreements that restrict directing participants to other providers or offering incentives to utilize specific providers.
• The bill exempts certain agreements executed before December 31, 2020, from these prohibitions for up to 10 years, as determined by a state authority.
• The Secretary of Health and Human Services must promulgate regulations to carry out these amendments within one year of the Act's enactment.