An Act to further enhance rate review examinations conducted by the health care access bureau within the division of insurance

This bill establishes a Health Care Access Bureau within Massachusetts' Division of Insurance, led by a deputy commissioner, to conduct enhanced rate reviews of health insurance premiums. The bureau must evaluate rates for affordability - considering consumer costs like deductibles and copays, as well as impacts on state health care spending goals - and examine causes of premium increases and provider price variations. Insurers licensed in Massachusetts will pay an annual $2 million assessment to fund the bureau's operations, with additional funds allocated for General Fund costs. The bureau's work aims to protect consumers, improve access to affordable coverage, and ensure fair treatment for health care providers.