Bill > SB666

This bill, titled the "Keep Wall Street Out of Health Care Act," aims to protect consumers by increasing oversight of health care transactions and studying health insurance providers. It defines and regulates "material health care transactions," which are significant changes in control or affiliation of health care entities (like hospitals or clinics) that could impact competition, costs, or access to care. For-profit entities and private equity firms (investment funds that buy or control health care businesses) involved in such transactions must notify the Department of Justice (DOJ) at least 60 days in advance, providing details about ownership, financing, and potential impacts on consumers. The DOJ can review these transactions and may prohibit them or impose conditions to protect competition, cost, and quality of care. The bill also specifically prohibits private equity or for-profit owners from interfering with the independent clinical judgment of healthcare professionals, such as by imposing productivity quotas that harm patient care. Violations can lead to penalties and legal action. Additionally, the bill establishes a legislative committee to study health insurance providers, their practices, policies, premiums, and management, and report findings and recommendations by November 30, 2026.

Health and Social Services

https://gc.nh.gov/bill_status/legacy/bs2016/bill_status.aspx?lsr=3268&sy=2026&sortoption=&txtsessionyear=2026&txtbillnumber=SB666