H.R. 3911: Choose Medicare Act
The Choose Medicare Act aims to create a new public health insurance option known as Medicare part E. This initiative seeks to broaden healthcare choices for individuals by introducing qualified health plans in multiple markets. The bill is designed to improve accessibility to healthcare services and ensure comprehensive coverage, particularly including reproductive health services.
Key Features of the Bill
- Establishment of Medicare part E: The bill introduces a new public insurance option that would operate alongside existing private health insurance plans.
- Qualified Health Plans: It will allow for the development of qualified health plans that meet certain standards to ensure quality and affordability for enrollees.
- Accessibility: The legislation aims to promote easier access to healthcare services for a broader population, focusing on removing barriers that individuals currently face when seeking medical care.
- Reproductive Services Coverage: The public health plans will include provisions for coverage of reproductive health services, ensuring that these services are accessible to those who need them.
- Premiums and Enrollment: The bill outlines details regarding the premiums for these plans as well as the enrollment process for potential beneficiaries, aiming for a streamlined practice.
- Regulatory Compliance: There are measures included to ensure that the newly established plans adhere to existing regulations and standards for healthcare provision.
Impact on Healthcare Markets
The introduction of Medicare part E is expected to influence the current dynamics of healthcare markets. By adding a public option, it may affect pricing and competition among private health insurers. The accessibility of this new plan might lead to a shift in how individuals choose their healthcare coverage, potentially reducing the number of uninsured individuals and altering enrollment patterns in existing plans.
Implementation Considerations
The bill also includes guidelines for how the plans will operate and be regulated to ensure that they remain viable and beneficial to enrollees. Policymakers will need to consider how to effectively implement these provisions while maintaining a high standard of care across all participating health plans.
Relevant Companies
- UNH (UnitedHealth Group): As one of the largest health insurance companies, UnitedHealth may be significantly impacted by the introduction of a public option, potentially affecting its enrollment and market share.
- ANTM (Anthem, Inc.): Anthem could face competitive pressures from the new Medicare part E offering, which might influence its pricing strategies and customer retention efforts.
- CNC (Centene Corporation): Centene, focusing primarily on government-sponsored healthcare programs, may see both challenges and opportunities in adapting to the new public plan landscape.
This is an AI-generated summary of the bill text. There may be mistakes.
Sponsors
5 bill sponsors
Actions
2 actions
Date | Action |
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Jun. 11, 2025 | Introduced in House |
Jun. 11, 2025 | Referred to the Committee on Energy and Commerce, and in addition to the Committees on Ways and Means, and Education and Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. |
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