Requires health insurance commissioner to conduct a review of health insurance benefit mandates, including an analysis of the impact on premium costs, conducted every 5 yrs and report findings and recommendations to governor, senate president and speaker.

Plain-English Summary

This bill would require Rhode Island's Health Insurance Commissioner to regularly review the various coverage requirements — known as "benefit mandates" — that health insurance plans in the state are legally required to include. These mandates are rules that say insurance companies must cover certain medical services, treatments, or conditions. The review would need to take place every five years and would specifically examine how these required benefits affect the cost of insurance premiums for Rhode Islanders.

After completing each review, the Commissioner would be required to share the findings and any recommendations with the Governor, the President of the Senate, and the Speaker of the House. This creates a formal reporting process that keeps top state leaders informed about how insurance coverage requirements may be influencing what residents and businesses pay for health insurance.

This bill would primarily affect state government operations and oversight, but its findings could ultimately influence decisions that impact anyone who buys health insurance in Rhode Island — including individuals, families, and employers. By building in a routine, structured review process, the bill aims to give policymakers better information to work with when deciding whether current insurance coverage rules are working as intended or need to be adjusted.

The bill has been introduced and sent to the Senate Health and Human Services Committee for consideration, meaning it is still in the early stages of the legislative process and has not yet become law.