Relating to the applicability of certain laws requiring health care cost disclosures by health benefit plan issuers and administrators.

HB 721 clarifies which health benefit plans must provide cost disclosures to consumers. It specifies that disclosure requirements apply to plans like small employer health benefit plans, standard health plans, basic coverage plans, and primary care plans, but explicitly excludes health reimbursement arrangements, workers' compensation insurance, and certain regional health programs. This bill affects health benefit plan issuers and administrators by defining the scope of existing disclosure laws, ensuring they know which plans require cost transparency. The changes take effect on September 1, 2025.