Healthy Competition for Better Care Act

The Healthy Competition for Better Care Act (HR 6248) prohibits health plans and insurers from including restrictive terms in contracts with healthcare providers that limit patient choice or price competition. Specifically, it bans agreements that prevent plans from steering patients to other providers, offering cost-saving incentives, or restricting other plans from paying lower rates for the same services. The law includes exceptions for health maintenance organizations (HMOs) and value-based networks like accountable care organizations. Regulations to implement these changes must be issued within one year by health, labor, and treasury departments, with the rules taking effect 18 months after enactment.