CA AB2118

Health care service plans and health insurers must annually report premium, cost sharing, benefits, enrollment, and trend factor information to their respective departments for individual and small group market products by October 1, 2021, and annually thereafter.

Reported data must cover all grandfathered and nongrandfathered products with rates effective during the 12-month period ending January 1, covering both on-exchange and off-exchange enrollment.

The departments must present reported information at public meetings beginning in 2022 and post it on their websites by December 15 of each year.

Specialized health care service plans and specialized health insurance policies are exempt from reporting requirements.

Share of premium and enrollment by benefit design information are not required to be reported until January 1, 2023, and the departments may implement the requirements through all-plan letters or guidance without formal rulemaking until January 1, 2024.