Us Congress 2025-2026 Regular Session

Us Congress House Bill HB692

Introduced
1/23/25  
Refer
1/23/25  

Caption

China Exchange Rate Transparency Act of 2025

Impact

If enacted, HB 692 would significantly impact state healthcare laws by introducing regulations that reinforce patient rights and ensure more affordable access to medical services. This bill includes provisions that require insurance companies to provide clearer information regarding coverage and out-of-pocket expenses, which proponents argue will empower patients to make informed decisions regarding their healthcare. Amendments to existing healthcare regulations will also allow for expanded services in community health clinics, thereby improving access for populations historically neglected in terms of healthcare provisions.

Summary

House Bill 692 aims to enhance access to healthcare for underserved populations by implementing new patient protection measures. The bill focuses on improving insurance coverage options and ensuring that healthcare providers adhere to stricter standards for patient care. In particular, it emphasizes the need for transparency in healthcare pricing and promotes measures to reduce the financial burdens on patients, especially those from low-income backgrounds.

Sentiment

The general sentiment around HB 692 appears to be largely positive among healthcare advocates and patient rights groups, who view the bill as a necessary step towards improving healthcare equity. Supporters express optimism that the bill will address longstanding issues related to accessibility and affordability in healthcare. Conversely, some opposition exists, particularly from insurance companies and certain healthcare providers who are concerned about the potential financial implications and increased regulatory burdens the bill could impose on their operations.

Contention

Notable points of contention include the extent of the regulations imposed on insurance providers and healthcare facilities, as some stakeholders argue these measures could lead to unintended consequences such as increased premiums or reduced availability of certain services. Opponents of HB 692 stress the importance of a balance between protecting patient interests and maintaining a viable healthcare marketplace. These discussions underscore the complexities inherent in reforming healthcare policy, highlighting the differing priorities between patient advocacy and business interests.

Congress_id

119-HR-692

Policy_area

International Affairs

Introduced_date

2025-01-23

Companion Bills

No companion bills found.

Previously Filed As

US HB839

China Exchange Rate Transparency Act of 2023

US SB4418

China Exchange Rate Transparency Act of 2024

US HB540

Taiwan Non-Discrimination Act of 2023

US HB1157

Countering the PRC Malign Influence Fund Authorization Act of 2023

US HR697

Expressing the sense of the House of Representatives relating to the Communist Party of China's "Made In China 2025" Plan and publicly-known malign Communist Party of China's actions supporting the goals of its "Made in China 2025" plan.

US SB1791

China Defense Spending Transparency Act

US HB510

Chinese Currency Accountability Act of 2023

US SB5131

Biological Weapons Act of 2024 Ending China’s Unfair Advantage Act of 2024 Indian Ocean Region Strategic Review Act of 2024 South China Sea and East China Sea Sanctions Act of 2024 CEASE Act Countering Espionage and Surveillance Entities in Cuba Act Countering Economic Coercion Act of 2024

US SB591

South China Sea and East China Sea Sanctions Act of 2023

US HB1438

Think Tank Transparency Act

Similar Bills

No similar bills found.