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H.R. 9644119th CongressIn markupLatest action Jul 15, 2026Decoded by AI · checked against the record
Official title: Medicare Advantage MLR Transparency Act
Introduced:
Read the official bill on Congress.govThe plain-language version leads. The official text is always the reference.
Starting in 2029, Medicare Advantage insurers must publicly post how much premium money goes to medical care versus overhead.
40-second read · 4 questions answered below
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.
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.
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.
AI-drafted summary. Verify it against the official text before you act on it. Read the official bill on Congress.gov
Right now: a House committee is reviewing it. If the Senate changes it, it goes back to the House before reaching the President.
Latest action: — Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 42 - 0.