H.R. 9644In markupHealth care
Medicare Advantage insurers would face new spending disclosure rules by 2029
Data as of July 22, 2026
Starting in 2029, Medicare Advantage insurers must publicly post how much premium money goes to medical care versus overhead.AI-decoded40-second read · 4 questions answered below
Decoded
AI-decodedWhat does this do?
This bill would require Medicare Advantage insurance companies to post detailed financial data online starting in 2029, showing plan revenue, medical claims spending, administrative costs, and the "medical loss ratio" for each plan. It also requires electronic plan benefit information to be presented in a standardized, easy-to-compare format like the one already used by other health insurance plans.
Who does it affect?
The bill mainly affects people 65 and older or with certain disabilities who are enrolled in or considering Medicare Advantage plans. It also affects insurance companies offering these plans, which would face new reporting requirements.
Why does it matter?
The disclosures would give regulators and the public more visibility into how insurers spend Medicare premium funds, and could make it easier to compare plans, though it also creates new compliance obligations for insurers.
Where does it stand?
- Introduced
- House committee — You are here
- House vote
- Senate
- President's desk
Right now: a House committee is reviewing it. If the Senate changes it, it goes back to the House before reaching the President.
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Official title
Medicare Advantage MLR Transparency Act
- Introduced:
- July 13, 2026
- Latest action:
- July 15, 2026
Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 42 - 0.
Read the official bill on Congress.gov