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KS HB2703
Bill
Status
Engrossed
2/24/2026
Primary Sponsor
Insurance
Click for details
AI Summary
- Enacts the Kansas Health Insurance Affordability Transparency Act, requiring the Kansas Department of Insurance to produce a financial impact report on pending health insurance legislation upon request from any legislator
- Covers bills that would impose new coverage mandates, cost-sharing requirements, insurer fees or licensure requirements, tax changes, business practice prohibitions, or operational mandates on health insurers and administrators
- Requires the department to issue a data call to affected insurers and administrators, who must report whether the legislation would be preempted by federal law, the aggregate premium cost increase or decrease anticipated in the first plan year, and the estimated number of Kansans affected by premium increases or net cost reductions
- Reports must be produced within the time frame specified by the requesting legislator, with insurers given at least two business days to supply data; knowingly submitting false information constitutes an unfair or deceptive trade practice under K.S.A. 40-2404
- Final reports must be deidentified and aggregated to protect trade secrets, and underlying data obtained by the department is confidential, exempt from the Kansas Open Records Act, and inadmissible in private civil actions, with the confidentiality provision set to expire July 1, 2031, unless reenacted
Legislative Description
Enacting the Kansas health insurance affordability transparency act to require a report specifying the financial impact to covered individuals resulting from the passage of certain health insurance legislation.
Last Action
Senate Hearing: Tuesday, March 3, 2026, 9:30 AM Room 546-S
3/3/2026
Committee Referrals
Financial Institutions and Insurance2/25/2026
Insurance2/4/2026
Full Bill Text
No bill text available