Bill > HB2703

This bill, known as the Kansas health insurance affordability transparency act, requires the Kansas Department of Insurance to create a report detailing the financial impact on individuals covered by health insurance if certain proposed legislation is passed. This report would be generated upon a legislator's request and would involve the Department of Insurance collecting data from health insurers and administrators, which are entities that manage health insurance plans. The data collected would include whether the proposed legislation would be superseded by federal law, the anticipated increase or decrease in insurance premiums, the total number of Kansans expected to be affected by premium changes, and an estimate of the net cost changes for individuals, considering both premiums and cost-sharing (which refers to out-of-pocket expenses like deductibles, coinsurance, or copayments). The final report will present aggregated and deidentified data, protecting the privacy of individual insurers and their trade secrets, and this information will be considered confidential and not subject to public records requests or admissible in private lawsuits until July 1, 2031, unless re-enacted by the legislature.

Business and Industry

Insurance (House)

https://kslegislature.gov/li/b2025_26/measures/hb2703/