Prohibits health insurance carriers from making certain changes to contract with network providers during term of contract.

This bill prohibits health insurance carriers from reducing payments to network providers during the term of their contracts. It directly affects health insurance companies and healthcare providers (like doctors and hospitals) who have existing agreements with insurers. The key provision states carriers cannot unilaterally lower reimbursement rates for providers while a contract is active. This applies to all new or renewed contracts starting three months after the bill takes effect.